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The unadjusted trial balance for Blossom Designs at its year end, April 30, 2024, is as follows: BLOSSOM DESIGNS Trial Balance April 30, 2024
The unadjusted trial balance for Blossom Designs at its year end, April 30, 2024, is as follows: BLOSSOM DESIGNS Trial Balance April 30, 2024 Debit Credit Cash Accounts receivable Prepaid rent Equipment $11,000 8,700 4,700 23,040 Accumulated depreciation-equipment $5,760 Accounts payable 5,100 Notes payable 12,000 Unearned revenue 1,500 T. Allen, capital 25,520 T. Allen, drawings 4,200 Service revenue 15,000 Salaries expense 9,900 Interest expense 700 Depreciation expense 2,640 $64,880 $64,880 Additional information: 1. 2. 3. $460 of the unearned revenue is to be recognized because the related gardening services have been provided by April 30, 2024. The equipment has an estimated useful life of eight years. Interest on the note payable is due on the first day of each month for the previous month's interest. The note payable has a 6% annual interest rate. Post the adjusting entries. (Post entries in the order of journal entries presented in the previous part.) Unearned Revenue Accumulated Depreciation-Equipment Service Revenue Interest Payable Depreciation Expense Interest Expense
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