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The ledger of Blossom Rental Agency on March 31 of the current year includes the following selected accounts before adjusting entries have been prepared.
The ledger of Blossom Rental Agency on March 31 of the current year includes the following selected accounts before adjusting entries have been prepared. Debit Credit Prepaid Insurance $4,320 Supplies 3,600 Equipment 32,000 Accumulated Depreciation-Equipment Notes Payable Unearned Rent Revenue $10,080 20,000 8,880 Rent Revenue 72,000 Interest Expense 0 Salaries and Wages Expense 16,000
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