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Cullumber Company was organized on April 1 . The company prepares quarterly financial statements. The adjusted trial balance amounts at June 3 0 are shown

Cullumber Company was organized on April 1. The company prepares quarterly financial statements. The adjusted trial balance amounts at June 30 are shown below.
\table[[,Debit,,Credit],[Cash,$6,000,Accumulated Depreciation-Equipment,$600
Question 6 of 10
Determine the net income for the quarter April 1 to June 30.
Net income $
Determine the total assets and total liabilities at June 30,2020, for Cullumber Company.
\table[[Total assets,Cullumber Company],[Total liabilities,]]
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Determine the amount that appears for Owner's Capital at June 30,2020.
Owner's capital, June 30$
Question 6 of 10
Netincome $
Determine the total assets and total liabilities at June 30,2020, for Cullumber Compa
Cullumber Company
Total assets
$
Total liabilities $
Determine the amount that appears for Owner's Capital at June 30,2020.
Owner's capital, June 30
$

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