Question: At December 3 1 , 2 0 2 4 , Blossom Industries reports the following selected accounts from the unadjusted trial balance for its first
At December Blossom Industries reports the following selected accounts from the unadjusted trial balance for its first year of operations:
Accounts Payable credit $
Accounts Receivable debit $
Cash Debit $
Cost of goods sold debit $
Interest receivable debit $
Interest revenue credit $
Merchandise inventory debit $
notes receivable, due april debit $
Prepaid insurance debit $
Sales credit $
Sales returns and alliwances debit $
Short term investments debit $
Unearned revenue credit $
Prepare the current assets section of the balance sheet for blossom industries on dec
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