Business, 12.02.2020 05:50, belindajolete

In addition to those accounts listed on the trial balance, the chart of accounts for Blossom Company also contains the following accounts and account numbers: No. 142 Accumulated Depreciation—Buildings, No. 150 Accumulated Depreciation—Equipment, No. 212 Salaries and Wages Payable, No. 230 Interest Payable, No. 619 Depreciation Expense, No. 631 Supplies Expense, No. 718 Interest Expense, and No. 722 Insurance Expense. Other data: 1. Prepaid insurance is a 1-year policy starting May 1, 2020. 2. A count of supplies shows $800 of unused supplies on May 31. 3. Annual depreciation is $3,024 on the buildings and $1,548 on equipment. 4. The mortgage interest rate is 12%. (The mortgage was taken out on May 1.) 5. Two-thirds of the unearned rent revenue has been earned.6. Salaries of $700 are accrued and unpaid at May 31.Prepare a ledger using the three-column form of account. Enter the trial balance amounts and post the adjusting entries.

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In addition to those accounts listed on the trial balance, the chart of accounts for Blossom Company...