Blum Services Has the Following Unadjusted Balances at Year-End

question 52

Essay

Blum Services has the following unadjusted balances at year-end.
The following information is available to use in making adjusting entries.
a. Office supplies on hand at year-end: $250
b. Prepaid insurance expired during the year: $325
c. Unearned revenue remaining at year-end: $2,500
d. Depreciation expense for the year: $1,800
e. Accrued salaries at year-end: $900
Using the work sheet below, prepare the trial balance, the adjustments and the adjusted trial balance for Blum Services.

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Definitions:

Neural Membrane

The lipid bilayer that encloses the cytoplasm of neurons, essential for conducting electrical impulses.

Ions

Atoms or molecules that have gained or lost one or more of their electrons, resulting in a net electric charge.

Plasticity

The capacity of the brain to change and adapt in response to experience, learning, or injury.

Brain

The complex organ located in the skull of vertebrates that is the center of the nervous system, responsible for controlling thought, memory, emotion, touch, motor skills, vision, breathing, temperature, hunger, and every process that regulates our body.