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The Blossom Hotel opened for business on May 1, 2025. Here is its trial balance before adjustment on May 31. Blossom Hotel Trial Balance
The Blossom Hotel opened for business on May 1, 2025. Here is its trial balance before adjustment on May 31. Blossom Hotel Trial Balance May 31, 2025 Debit Credit Cash $2,513 Supplies 2,600 Prepaid Insurance 1,800 Land 15,013 Buildings 67,600 Equipment 16,800 Accounts Payable $4,713 Unearned Rent Revenue 3,300 Notes Payable 33,600 Common Stock 60,013 Rent Revenue 9,000 Salaries and Wages Expense 3,000 Utilities Expense 800 Advertising Expense 500 $110,626 $110,626 Other data:
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