An inexperienced bookkeeper prepared the following trial balance that does not balance. Prepare a correct trial balance, assuming all account balances are normal. Cash Prepaid Insurance Accounts Payable Unearned Service Revenue Common Stock Retained Earnings Dividends Service Revenue Salaries and Wages Expense Rent Expense Cash Prepaid Insurance Blossom Company Trial Balance December 31, 2025 Debit $45,000 Accounts Payable Unearned service revenue Common Stock Retained earnings Dividends Service Revenue Salaries and wages Expense Rent expense 4,110 12,040 $61,150 Credit $5,000 4,250 34,000 5,050 7,560 27,100 4,910 $87,870 BLOSSOM COMPANY Trial Balance December 31, 2025 Debit 45,000 5,000 7,560 12,040 4,910 $ Credit DODONACO 4,250 4,110 27,100
An inexperienced bookkeeper prepared the following trial balance that does not balance. Prepare a correct trial balance, assuming all account balances are normal. Cash Prepaid Insurance Accounts Payable Unearned Service Revenue Common Stock Retained Earnings Dividends Service Revenue Salaries and Wages Expense Rent Expense Cash Prepaid Insurance Blossom Company Trial Balance December 31, 2025 Debit $45,000 Accounts Payable Unearned service revenue Common Stock Retained earnings Dividends Service Revenue Salaries and wages Expense Rent expense 4,110 12,040 $61,150 Credit $5,000 4,250 34,000 5,050 7,560 27,100 4,910 $87,870 BLOSSOM COMPANY Trial Balance December 31, 2025 Debit 45,000 5,000 7,560 12,040 4,910 $ Credit DODONACO 4,250 4,110 27,100
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
9
![An inexperienced bookkeeper prepared the following trial balance that does not balance. Prepare a correct trial balance, assuming all
account balances are normal.
Cash
Prepaid Insurance
Accounts Payable
Unearned Service Revenue
Common Stock
Retained Earnings
Dividends
Service Revenue
Salaries and Wages Expense
Rent Expense
Cash
Blossom Company
Trial Balance
December 31, 2025
Prepaid Insurance
Accounts Payable
Unearned service revenue
Common Stock
Retained earnings
Dividends
Service Revenue
Salaries and wages Expense
Rent expense
Debit
$45,000
4,110
12,040
$61,150
Credit
$5,000
4,250
34,000
5,050
7,560
27,100
4,910
$87,870
BLOSSOM COMPANY
Trial Balance
December 31, 2025
SA
$
Debit
45,000
5,000
7,560
12,040
4,910
Credit
YOU
4,250
4,110
27,100](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F32e23142-7d03-4b42-8746-f09e801ed20b%2F8e88d459-1419-4088-a09d-5d9bef8e28a1%2Faekbztr_processed.png&w=3840&q=75)
Transcribed Image Text:An inexperienced bookkeeper prepared the following trial balance that does not balance. Prepare a correct trial balance, assuming all
account balances are normal.
Cash
Prepaid Insurance
Accounts Payable
Unearned Service Revenue
Common Stock
Retained Earnings
Dividends
Service Revenue
Salaries and Wages Expense
Rent Expense
Cash
Blossom Company
Trial Balance
December 31, 2025
Prepaid Insurance
Accounts Payable
Unearned service revenue
Common Stock
Retained earnings
Dividends
Service Revenue
Salaries and wages Expense
Rent expense
Debit
$45,000
4,110
12,040
$61,150
Credit
$5,000
4,250
34,000
5,050
7,560
27,100
4,910
$87,870
BLOSSOM COMPANY
Trial Balance
December 31, 2025
SA
$
Debit
45,000
5,000
7,560
12,040
4,910
Credit
YOU
4,250
4,110
27,100
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