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Exercise 1-18 Wayne Holtz is the bookkeeper for Cullumber Company. Wayne has been trying to get the balance sheet of Cullumber Company to balance. It
Exercise 1-18 Wayne Holtz is the bookkeeper for Cullumber Company. Wayne has been trying to get the balance sheet of Cullumber Company to balance. It finally balanced, but now he's not sure it is corre Assets Cullumber Company Balance Sheet December 31, 2022 Liabilities and Stockholders' Equity $15,500 Accounts payable $ 16,500 9,200 Accounts receivable (11,800) Cash Supplies Equipment 41,500 Common stock 47,000 Dividends 7,400 21,900 Retained earnings Total liabilities and stockholders' equity Total assets $73,600 $73,600 Prepare a correct balance sheet. (List assets in order of liquidity.) CULLUMBER COMPANY Balance Sheet Assets $ Liabilities and Stockholders' Equity SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO VIDEO Question Attempts: Unlimited
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