answer b please

Blossom Corp, reported net incomes for the past three vears as follows: During the 2023 year-end audit, the following items come to your attention: 1. Blossom bought a truck on January 1,2020 for $104,000 cash, with an $8,000 estimated residual value and a six-year life The company debited an expense account for the entire cost of the asset. Blossom uses straight-line depreciation for all trucks. 2. During 2023, Blossom changed from straight-line depreciation for its cement plant to double declining balance. The following calculations present depreciation on both bases: The net income for 2023 was calculated using the double declining balance method. The net income for 2023 was calculated using the double declining balance method. 3. In reviewing its provision for uncollectible accounts during 2023, the corporation has determined that 1% is the appropriate amount of bad debt expense to be charged to operations. The company had used 1/2 of 1% as its rate in 2022 and 2021 when the expense had been $9.000 and $6.020, respectively Blossom recorded bad debt expense using the new rate for 2023 . If they had used the old rate they would have recorded $2,980 less bad debt expense on December 31,2023. (a) Your answer has been saved. See score details after the due date. Prepare the general journal entry required to correct the books for the item 1 situation (only) of this problem, assuming that the books have not been closed for 2023. (Credit account titles are outomatically indented when the amount is entered. Do not indent manually. If no entry is requifed, select "No Entry' for the occount titles and enter O for the amounts. List all debit entries before credit entries: Prepare the general journal entry required to correct the books for the item 1 situation (only) of this problem, assuming that the books have not been closed for: 2023 . (Credit occount tities are outomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List alf deblt entries before credit entries) Present comparative income statement data for the years 2021 to 2023, starting with income before the cumulative effect of any accounting changes. (Enter negotive omounts using either a negotlve sign preceding the number eg. -45 or parentheses es. (45).) Present comparative income statement data for the years 2021 to 2023, starting with income before the cumulative effect of any accounting changes. (Enter negative amounts using elther a negative sisn preceding the number e 8.45 or parentheses e.s. (45).)