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Cullumber is a private camping ground near the Boulder Peak Recreation Area. It has compiled the following financial information as of December 31, 2022 $131.500
Cullumber is a private camping ground near the Boulder Peak Recreation Area. It has compiled the following financial information as of December 31, 2022 $131.500 Dividends $9.000 Services revenues from camping fees) Sales revenues from generalstore) Accounts payable 27,000 Notes payable 158,000 13.700 Administrative expenses 138.000 14 600 Cash Supplies 2500 106.500 Common stock Equipment 35.000 Retained earnings (1/20221 3400 Prepare a balance sheet for Cullumber as of December 31 2022. Pst Assets in order of liquidity CULLUMBER Balance Sheet For the Year Ended December 31, 2022 ASSETS Cash 14.600 Supplies 2.300 Equipment 106300 Total Asset 133600 LIABILITIES AND STOCKHOLDERS EQUITY 106 500 Equipment 123 600 Total Assets LIABILITIES AND STOCKHOLDERS' EQUITY List of Accounts
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