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he adjusted trial balance of Cullumber Company for the year ended December 31, 2022, is as follows: Debit Credit Cash $ 6,900 Accounts Receivable 2,800

he adjusted trial balance of Cullumber Company for the year ended December 31, 2022, is as follows:

Debit Credit

Cash

$ 6,900

Accounts Receivable

2,800

Notes Receivable

7,100

Inventory

9,500

Equipment

8,300

Allowance for Doubtful Accounts

$ 400

Accumulated DepreciationEquipment

1,400

Notes Payable

1,400

Accounts Payable

700

Common Stock

16,800

Retained Earnings

11,500

Dividends

1,700

Sales Revenue

15,000

Interest Revenue

100

Cost of Goods Sold

8,000

Salary and Wages Expense

2,000

Rent Expense

900

Bad Debt Expense

70

Service Charge Expense

30
$ 47,300 $ 47,300

Attempts: 2 of 3 used

(a3)

Prepare a classified balance sheet. The notes payable is due on January 10, 2023. (List Current Assets in order of liquidity.)

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