11 of 13 < > View Policies -15 Current Attempt in Progress Cullumber Company is owned and operated by Natasha Woods. In alphabetical order below are the financial statement items for Cullumber Company. Accounts payable Accounts receivable $95,000 N. Woods, capital, October 1, 2021 $36,300 88,500 N. Woods, drawings 6,000 Advertising expense 3,800 Rent expense 2,400 Cash 54,000 Service revenue 23,400 CULLUMBER COMPANY Income Statement Month Ended October 31, 2021 Revenues Service revenue Expenses Advertising expense Rent expense $3,800 2,400 $23.400 Question 11 of 13 Advertising expense $3,800 Rent expense 2,400 Total expenses 6,200 Profit $17,200 CULLUMBER COMPANY Statement of Owner's Equity Month Ended October 31, 2021 N. Woods, Capital, October 1 $36.300 Add: Profit 17,200 53,500 Less: Drawings 6,000 N. Woods, Capital, October 31 $47,500 -15 Using the above data and the information from Cullumber's statement of owner's equity, prepare a balance sheet for Cullumber Company. CULLUMPER COMPANY Question 11 of 13 CULLUMBER COMPANY Balance Sheet -15 E Assets $ Liabilities and Owner's Equity Question 11 of 13 < > eTextbook and Media Liabilities and Owner's Equity -/5 E