CULLUMBER COMPANY Trial Balance August 31, 2022 Before Adjustment After Adjustment Dr Cr Dr Cr Cash $10,520 $10,520 Accounts Receivable 8,770 9,480 Supplies 2,880 1,550 Prepaid Insurance 4,020 2,560 Equipment 15,000 15,000 Accumulated DepreciationEquipment $3,375 $4,575 Accounts Payable 5,790 5,790 Salaries and Wages Payable 0 1,480 Unearned Rent Revenue 2,090 1,340 Common Stock 15,860 15,860 Retained Earnings 5,890 5,890 Dividends 2,780 2,780 Service Revenue 32,980 33,690 Rent Revenue 13,160 13,910 Salaries and Wages Expense 16,670 18,150 Supplies Expense 0 1,330 Rent Expense 18,505 18,505 Insurance Expense 0 1,460 Depreciation Expense 0 1,200 $79,145 $79,145 $82,535 $82,535 Prepare the closing entries for the temporary accounts at August 31 (If no entry is required, select No Entry for the account titles and enter for the amounts Credit account titles are automatically indented when the amount is entered Do not indent manually ) Debit Credit Date Account Titles and Explanation Aug 31 (To close revenue accounts) Aug 31 (To close expense accounts) Aug 31 (To close income (loss)) Aug 31 (To close dividends)

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CULLUMBER COMPANY Trial Balance August 31, 2022 Before Adjustment After Adjustment Dr. Cr. Dr. Cr. Cash $10,520 $10,520 Accounts Receivable 8,770 9,480 Supplies 2,880 1,550

CULLUMBER COMPANY Trial Balance August 31, 2022
	Before Adjustment		After Adjustment
	Dr.	Cr.	Dr.	Cr.
Cash	$10,520		$10,520
Accounts Receivable	8,770		9,480
Supplies	2,880		1,550
Prepaid Insurance	4,020		2,560
Equipment	15,000		15,000
Accumulated DepreciationEquipment		$3,375		$4,575
Accounts Payable		5,790		5,790
Salaries and Wages Payable		0		1,480
Unearned Rent Revenue		2,090		1,340
Common Stock		15,860		15,860
Retained Earnings		5,890		5,890
Dividends	2,780		2,780
Service Revenue		32,980		33,690
Rent Revenue		13,160		13,910
Salaries and Wages Expense	16,670		18,150
Supplies Expense	0		1,330
Rent Expense	18,505		18,505
Insurance Expense	0		1,460
Depreciation Expense	0		1,200
	$79,145	$79,145	$82,535	$82,535

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Prepare the closing entries for the temporary accounts at August 31. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Aug. 31 (To close revenue accounts) Aug. 31 (To close expense accounts) Aug. 31 (To close income / (loss)) Aug. 31 (To close dividends)