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2. stion 5 of 20 Current Attempt in Progress The adjusted trial balance columns of the worksheet for Cullumber Company are as follows. CULLUMBER COMPANY Worksheet (partial) For the Month Ended April 30, 2022 Adjusted Trial Balance Account Titles Cash Dr. Cr. 11,200 Accounts Receivable 8,000 Prepaid Rent 2,500 Equipment Accumulated Depreciation-Equip. 22,800 4,500 Notes Payable 5,500 Accounts Payable 5,100 Owner's Capital 29,240 Owner's Drawings 3,500 Service Revenue 16,000 Salaries and Wages Expense 10,900 esc ! 1 ← @2 # 3 3.18/10 =1 MacBook Pro C Search or type URL $ % & 4 5 6 7 Q W E R T Y 8 * 00 כ 9 A S D F G H J caps lock K tab m Ch 1-14 com/ S/U/V2/assessment-player/index.html?launchld=f4610027-45d2-4ca9-955b-c9166d7cff50#/question/4 Question 5 of 20 < Rent Expense < 800 Depreciation Expense 640 Interest Expense 90 06 Interest Payable Totals (a) Your Answer Correct Answer 60,430 Your answer is partially correct. Journalize the closing entries at April 30 (Crodit 90 60,430 Π ☐ 3

2. stion 5 of 20 Current Attempt in Progress The adjusted trial balance columns of the worksheet for Cullumber Company are as follows. CULLUMBER COMPANY Worksheet (partial) For the Month Ended April 30, 2022 Adjusted Trial Balance Account Titles Cash Dr. Cr. 11,200 Accounts Receivable 8,000 Prepaid Rent 2,500 Equipment Accumulated Depreciation-Equip. 22,800 4,500 Notes Payable 5,500 Accounts Payable 5,100 Owner's Capital 29,240 Owner's Drawings 3,500 Service Revenue 16,000 Salaries and Wages Expense 10,900 esc ! 1 ← @2 # 3 3.18/10 =1 MacBook Pro C Search or type URL $ % & 4 5 6 7 Q W E R T Y 8 * 00 כ 9 A S D F G H J caps lock K tab m Ch 1-14 com/ S/U/V2/assessment-player/index.html?launchld=f4610027-45d2-4ca9-955b-c9166d7cff50#/question/4 Question 5 of 20 < Rent Expense < 800 Depreciation Expense 640 Interest Expense 90 06 Interest Payable Totals (a) Your Answer Correct Answer 60,430 Your answer is partially correct. Journalize the closing entries at April 30 (Crodit 90 60,430 Π ☐ 3

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Income summary

 

owners capital

2. stion 5 of 20 Current Attempt in Progress The adjusted trial balance columns of the worksheet for Cullumber Company are as follows. CULLUMBER COMPANY Worksheet (partial) For the Month Ended April 30, 2022 Adjusted Trial Balance Account Titles Cash Dr. Cr. 11,200 Accounts Receivable 8,000 Prepaid Rent 2,500 Equipment Accumulated Depreciation-Equip. 22,800 4,500 Notes Payable 5,500 Accounts Payable 5,100 Owner's Capital 29,240 Owner's Drawings 3,500 Service Revenue 16,000 Salaries and Wages Expense 10,900 esc ! 1 ← @2 # 3 3.18/10 =1 MacBook Pro C Search or type URL $ % & 4 5 6 7 Q W E R T Y 8 * 00 כ 9 A S D F G H J caps lock K tab
Transcribed Image Text:2. stion 5 of 20 Current Attempt in Progress The adjusted trial balance columns of the worksheet for Cullumber Company are as follows. CULLUMBER COMPANY Worksheet (partial) For the Month Ended April 30, 2022 Adjusted Trial Balance Account Titles Cash Dr. Cr. 11,200 Accounts Receivable 8,000 Prepaid Rent 2,500 Equipment Accumulated Depreciation-Equip. 22,800 4,500 Notes Payable 5,500 Accounts Payable 5,100 Owner's Capital 29,240 Owner's Drawings 3,500 Service Revenue 16,000 Salaries and Wages Expense 10,900 esc ! 1 ← @2 # 3 3.18/10 =1 MacBook Pro C Search or type URL $ % & 4 5 6 7 Q W E R T Y 8 * 00 כ 9 A S D F G H J caps lock K tab
m Ch 1-14 com/ S/U/V2/assessment-player/index.html?launchld=f4610027-45d2-4ca9-955b-c9166d7cff50#/question/4 Question 5 of 20 < Rent Expense < 800 Depreciation Expense 640 Interest Expense 90 06 Interest Payable Totals (a) Your Answer Correct Answer 60,430 Your answer is partially correct. Journalize the closing entries at April 30 (Crodit 90 60,430 Π ☐ 3
Transcribed Image Text:m Ch 1-14 com/ S/U/V2/assessment-player/index.html?launchld=f4610027-45d2-4ca9-955b-c9166d7cff50#/question/4 Question 5 of 20 < Rent Expense < 800 Depreciation Expense 640 Interest Expense 90 06 Interest Payable Totals (a) Your Answer Correct Answer 60,430 Your answer is partially correct. Journalize the closing entries at April 30 (Crodit 90 60,430 Π ☐ 3
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