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Question 6 of 6 < -/3 E View Policies Current Attempt in Progress Here is the ledger for Blossom Company Cash Oct. 1 8,660 OcDividends Oct. 30 410 Service Revenue Oct. 6 910 Oct. 10 2,640 Oct 20 1.030 Salaries and Wages Expense Oct. 31 610 Supplies EDate Account Titles and Explanation Debit Credit (Issued stock for cash) (Received cash for services provided) (Issued note p(b) Prepare a trial balance at October 31, 2022. BLOSSOM COMPANY Trial Balance Debit Credit

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Answer #1

Journal entries

Date General Journal Debit Credit
Oct 1 Cash 8660
Common Stock 8660
(To record issue Common Stock)
Oct 10 Cash 2640
Service revenue 2640
(To record cash for service provided)
Oct 10 Cash 9660
Notes payable 9660
(To record issue notes payable for cash)
Oct 20 Cash 810
Account receivable 810
(To record received cash)
Oct 20 Account receivable 1030
Service revenue 1030
(To record billed to customers)

Trial balance

December 31

Debit Credit
Cash 18830
Account receivable 1130
Supplies 220
Equipment 4660
Notes payable 9660
Account payable 1500
Common Stock 12320
Dividends 410
Service revenue 4580
Salaries and wages expense 610
Supplies expense 1840
Rent expense 360
Total 28060 28060
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