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Question 1 of 32 View Policies Current Attempt in Progress Given the following account information for Blossom Corporation. Equipment 58,000 Interest Expense 2,100 Interest Payable
Question 1 of 32 View Policies Current Attempt in Progress Given the following account information for Blossom Corporation. Equipment 58,000 Interest Expense 2,100 Interest Payable 550 Retained Earnings ? Dividends 43,000 Land 135,000 Accounts Receivable 100,000 Bonds Payable 75,000 Notes Payable (due in 6 months) 28,000 Common Stock 65,000 Accumulated Depreciation - Equipment 10,000 Prepaid Advertising 4,800 Service Revenue 330,000 Buildings 78,000 Supplies 1,700 Income Taxes Payable 2,800 Utilities Expense 1,200 Advertising Expense 1,400 Salaries and Wages Expense 50,000 Salaries and Wages Payable 850 Accumulated Depr. - Building 13,500 Cash 43,000 Depreciation Expense 7,500 Question 1 of 32 - Prepare a balance sheet in report form for the company as of December 31, 2020. All accounts have normal balances. (List Asse order of liquidity. List Property, Plant and Equipment in order of Land, Bulldings and Equipment.) Blossom Corporation Balance Sheet December 31, 2020 Assets Current Assets Cash 43000 Accounts Receivable 100000 Prepaid Advertising 4800 Supplies 1700 24 D dtv A- 20 I= Total Current Assets $ Liabilities Stockholders Equity Liabilities & Stockholders' Equity > Attempts: 0 of 1 used submit Answer Save for Later Last saved 1 hour ago Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes 0 24 atv S A TA MacBook Pro
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