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I need assistance creating a balance sheet for the problem below. Thank you for your help. CULLUMBER CORPORATION Trial Balance 12/31/22 Cash Inventory 20400 Prepald
I need assistance creating a balance sheet for the problem below.
Thank you for your help.
CULLUMBER CORPORATION Trial Balance 12/31/22 Cash Inventory 20400 Prepald Insurance 7000 Equipment 42400 Accounts Payable Premium on Bonds Payable Bonds Payable 86200 Common Stock Retained Earnings 20700 Sales Revenue 19200 Cost of Goods Sold 249500 450300 Sales Taxes Payable Interest Expense 4800 Insurance Expense 10900 Other Operating Expenses 86800 Gain on Bond Redemption Depreclation Expense 7860 Accumulated Depreclation-Equipment Income Tax Expense 27708 1920 Income Taxes Payable Prepare a classified balance sheet as of December 31, 2022. (List current assets in order of liquidity.) Liabilities and Stockholders' Equity $Step by Step Solution
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