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The unadjusted and adjusted trial balance for Blossom Company are as follows. BLOSSOM COMPANY Trial Balance August 31, 2022 Before Adjustment After Adjustment Dr. Cr.
The unadjusted and adjusted trial balance for Blossom Company are as follows. BLOSSOM COMPANY Trial Balance August 31, 2022 Before Adjustment After Adjustment Dr. Cr. Dr. Cr. Cash $11.336 $11,336 Accounts Receivable 9,152 9.776 Supplies 2,600 520 Prepaid Insurance 4,160 2.600 Equipment 16,640 16,640 Accumulated Depreciation-Equipment $3.744 $4.992 Accounts Payable 6.032 6,032 Salaries and Wages Payable 0 0 1.144 Unearned Rent Revenue 1.872 832 Common Stock 10,400 10,400 Retained Earnings 5,720 5.720 Dividends 2,912 2.912 Service Revenue 35.360 35,984 Rent Revenue 12,584 13,624 Salaries and Wages Expense 17,680 18.824 Supplies Expense 0 2,080 Rent Expense 11.232 11.232 Insurance Expense 0 1,560 Depreciation Expense 0 0 1.248 $75.712 $ $75,712 $78,728 $78,728 (a) Prepare the income statement for the year ended August 31. BLOSSOM COMPANY Income Statement
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