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Current Attempt in Progress The completed financiat statement columns of the spreadsheet for Cullumber Company are shown as follows: (a1) Prepare an income statement. (Enter

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Current Attempt in Progress The completed financiat statement columns of the spreadsheet for Cullumber Company are shown as follows: (a1) Prepare an income statement. (Enter negotive amounts using either a negotive sign proceding the number eg - 45 or parentheses ey. (45) Prepare an income statement. (Enter negative amounts using either a negative sign preceding the number eg - 45 or parentheses eg. (45)) Question 7 of 7 110i eTextbook and Media List of Accounts Save for Later Attempts 0 of 5 used (a2) Prepare an owner's equity statement. (List items that increase owner's equity first) Prepare a classified balance sheet. (List Current Assets in order of llquidity) AC114 Unit 5 Lab Assignment Question 7 of 7 110 5 5 Liabilities and Owner's Equity 5 Question 7 of 7 ./10 5 eTextbook and Media List of Accounts Save for Later Attempts: 0 of 5 used (b) (c) Prepare the closing entries. L. Cullumber did not make any additional investments during the year. (Credit account titles are automatically indented when amount is entered. Do not indent monually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Question 7 of 7 .110 (To close expense accounts) Dec. 31 (To close net income / (loss)) Dec. 31 (To close drawings) eTextbook and Media List of Accounts Enter the balances from the adjusted trial balance and post the closing entries and calculate the balances of the accounts. (Post entries in the order of journal entries presented in the previous port) Question 7 of 7 110 Service Revenue No, 400 Maintenance and Repairs Expense No. 622 Depreciation Expense No. 711 Insurance Expense No. 722 Salaries and Wages Expense AC114 Unit 5 Lab Assignment Question 7 of 7 110 Insurance Expense No. 722 Salaries and Wages Expense No. 726 Utilities Expense No. 732 eTextbook and Media List of Accounts Save for Later Attempts: 0 of 5 used Sulomit Anower (d) Prepare a post-closing trial balance

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