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:

Cerebral Aqueduct

A canal within the brain through which cerebrospinal fluid flows, connecting the third and fourth ventricles.

Lateral Ventricle

One of the two ventricles located in the cerebral hemispheres, part of the brain's ventricular system where cerebrospinal fluid is produced and circulates.

Fourth Ventricle

A chamber of the brain located within the brainstem, responsible for circulating cerebrospinal fluid between the brain's interior and spinal canal.

Choroid Plexus

Specialized plexus located within the ventricles of the brain that secretes cerebrospinal fluid.