View Policies Current Attempt in Progress leckty The adjusted trial balance for Blossom Company, owned by D. Blossom, are as follows: BLOSSOM COMPANY Adjusted Trial Balance December 31, 2021 Support Account No. 101 112 126 130 157 158 200 201 212 230 301 Account Titles Cash Accounts receivable Supplies Prepaid insurance Equipment Accumulated depreciation equipment Notes payable Accounts payable Salaries payable Interest payable D. Blossom, capital D. Blossom, drawings Service revenue Advertising expense Supplies expense Adjusted Trial Balance Dr. Cr. $5,900 11,700 2,600 2,900 27,800 $5.500 14,500 6,200 1,600 690 15,800 6.500 62,100 8,200 5.200 5.500 2,600 26,800 690 $106.390 $106.390 400 610 631 711 722 726 905 Depreciation expense Insurance expense Salaries expense Interest expense Totals Prepare closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is requi Date Recount Titles and Inlanation Debit Beam.wileyplu. Meuse Sign to New Tab lidl D ILE January 31, 2021 Credit Debit $3,600 Support Cash 7,130 Accounts receivable 6,420 Prepaid insurance 5.240 Supplies 53,000 Land 190,000 Building Accumulated depreciation--building $11,000 Equipment 27.000 Accumulated depreciation-equipment 4,500 Accounts payable Unearned revenue 22,450 Mortgage payable 182,400 H.Dude, capital 61,000 H.Dude, drawings 98,100 Service revenue 236,150 Salaries expense 115,800 Utilities expense 12,000 Interest expense 6,310 $524,600 $524,600 7,100 Additional information: 1. The 12-month insurance policy was purchased on June 1, 2020. 2. A physical count of supplies shows $1.310 on hand on January 31, 2021, 3. The building has an estimated useful life of 50 years. The equipment has an estimated useful life of 4. The mortgage payable has a 6% interest rate. Interest is paid on the first day of each month for the 5. By January 31, 2021, $1.300 of services related to the unearned revenue have been provided. 6. During the next fiscal year, $4,500 of the mortgage payable is to be paid. Prepare a worksheet for the year ended January 31, 2021. (Round answers to decimal places, s. 5.275 FRIP PHONE 842-3183 SUNLAND CYCLE REPAIR SHOP Work Sheet Adjustments Trial Balance Debit Credit Adjusted Trial Balance Debit Credit Debit Credit $3.600 7.130 6420 53.000 190,000 -building 11.000 27.000 beguiment 4.500 7.100 22.450 182.400 61000 236.150 e v SUS 10 Shipping and Reving Shippland Rech 14 CBC are 2016 Prefac / Parking 3017 Staging Main Dearg View Policies Current Attempt in Progress leckty The adjusted trial balance for Blossom Company, owned by D. Blossom, are as follows: BLOSSOM COMPANY Adjusted Trial Balance December 31, 2021 Support Account No. 101 112 126 130 157 158 200 201 212 230 301 Account Titles Cash Accounts receivable Supplies Prepaid insurance Equipment Accumulated depreciation equipment Notes payable Accounts payable Salaries payable Interest payable D. Blossom, capital D. Blossom, drawings Service revenue Advertising expense Supplies expense Adjusted Trial Balance Dr. Cr. $5,900 11,700 2,600 2,900 27,800 $5.500 14,500 6,200 1,600 690 15,800 6.500 62,100 8,200 5.200 5.500 2,600 26,800 690 $106.390 $106.390 400 610 631 711 722 726 905 Depreciation expense Insurance expense Salaries expense Interest expense Totals Prepare closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is requi Date Recount Titles and Inlanation Debit Beam.wileyplu. Meuse Sign to New Tab lidl D ILE January 31, 2021 Credit Debit $3,600 Support Cash 7,130 Accounts receivable 6,420 Prepaid insurance 5.240 Supplies 53,000 Land 190,000 Building Accumulated depreciation--building $11,000 Equipment 27.000 Accumulated depreciation-equipment 4,500 Accounts payable Unearned revenue 22,450 Mortgage payable 182,400 H.Dude, capital 61,000 H.Dude, drawings 98,100 Service revenue 236,150 Salaries expense 115,800 Utilities expense 12,000 Interest expense 6,310 $524,600 $524,600 7,100 Additional information: 1. The 12-month insurance policy was purchased on June 1, 2020. 2. A physical count of supplies shows $1.310 on hand on January 31, 2021, 3. The building has an estimated useful life of 50 years. The equipment has an estimated useful life of 4. The mortgage payable has a 6% interest rate. Interest is paid on the first day of each month for the 5. By January 31, 2021, $1.300 of services related to the unearned revenue have been provided. 6. During the next fiscal year, $4,500 of the mortgage payable is to be paid. Prepare a worksheet for the year ended January 31, 2021. (Round answers to decimal places, s. 5.275 FRIP PHONE 842-3183 SUNLAND CYCLE REPAIR SHOP Work Sheet Adjustments Trial Balance Debit Credit Adjusted Trial Balance Debit Credit Debit Credit $3.600 7.130 6420 53.000 190,000 -building 11.000 27.000 beguiment 4.500 7.100 22.450 182.400 61000 236.150 e v SUS 10 Shipping and Reving Shippland Rech 14 CBC are 2016 Prefac / Parking 3017 Staging Main Dearg