Business
Business, 07.04.2020 18:28, kimjooin02

The following items and amounts were taken from Blossom Company’s 2017 income statement and balance sheet. Cash $ 88,000 Retained earnings 122,500 Cost of goods sold 436,300 Salaries and wages expense 117,000 Prepaid insurance 8,100 Inventory 64,300 Accounts receivable 90,500 Sales revenue 581,700 Notes payable 6,300 Accounts payable 55,500 Service revenue 5,500 Interest expense 1,830

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The following items and amounts were taken from Blossom Company’s 2017 income statement and balance...

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