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Question 4 of 12 -12 E Blossom Company was organized on April 1, 2020. The company prepares quarterly financial statements. The adjusted trial balance amounts
Question 4 of 12 -12 E Blossom Company was organized on April 1, 2020. The company prepares quarterly financial statements. The adjusted trial balance amounts at June 30 are shown below. Debits Credits Cash R$ 6,000 Accumulated Depreciation-Equipment R$ 800 Accounts Receivable 480 Notes Payable 4,500 Prepaid Rent 1.100 Accounts Payable 700 Supplies 800 Salaries and Wages Payable 400 Equipment 11,600 Interest Payable 60 Dividends 600 Unearned Rent Revenue 400 Salaries and Wages Expense 7.900 Share Capital-Ordinary 10,880 Rent Expense 1,100 Service Revenue 11.300 Depreciation Expense 800 Rent Revenue 1.800 Supplies Expense 100 R$30,840 Utilities Expense 300 Interest Expense 60 R$30,840 Determine the net income for the quarter April 1 to June 30. Net income/(loss) R$ e Textbook and Media Determine the total assets and total liabilities at June 30, 2020, for Sheridan Company Sheridan Company Total assets R$ Total liabilities R$ e Textbook and Media Determine the amount that appears for Retained Earnings at June 30, 2020. R$ Retained Earnings, June 30
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