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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 The company prepares quarterly financial statements. The adjusted trial balance amounts at June are shown below.
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Question of
Determine the net income for the quarter April to June
Net income $
Determine the total assets and total liabilities at June for Cullumber Company.
tableTotal assets,Cullumber CompanyTotal liabilities,
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$
Determine the amount that appears for Owner's Capital at June
Owner's capital, June $
Question of
Netincome $
Determine the total assets and total liabilities at June for Cullumber Compa
Cullumber Company
Total assets
$
Total liabilities $
Determine the amount that appears for Owner's Capital at June
Owner's capital, June
$
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