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These financial statement items are for Blossom Company at year end, July 31, 2021. Salaries payable $1,950 Notes payable (long-term) $1,670 Salaries expense 47,400 Cash

These financial statement items are for Blossom Company at year end, July 31, 2021. Salaries payable $1,950 Notes payable (long-term) $1,670 Salaries expense 47,400 Cash 12,900 Utilities expense 21,300 Accounts receivable 9,650 Equipment 34,270 Accumulated depreciationequipment 5,870 Accounts payable 3,970 D. Blossom, drawings 2,870 Service revenue 61,700 Depreciation expense 3,870 Rent revenue 7,200 D. Blossom, capital (beginning of the year) 49,900fg

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