(Including the blank) these are the 6 options i am limited to.
Below is an alphabetical list of the adjusted accounts of Cullumber Tour Company at its year end, December 31, 2021. All accounts have normal balances Accounts payable $7,380 Interest receivable $100 Accounts receivable 3,580 Interest revenue 1,100 Accumulated depreciation-equipment 15,000 Notes payable 40,000 Cash 4,500 Notes receivable 18.450 Depreciation expense 10,000 Patents 15,040 Equipment 50,000 Prepaid insurance 2,900 F Cullumber,capital 17.340 Service revenue 65,050 Cullumber, drawings 33.000 Short-term Investments 2,700 Insurance expense 1.500 Supplies 3,100 Interest expense 2,830 Supplies expense 2,400 Interest payable 730 Unearned revenue 3,500 Additional information: 1 2 In 2022,$3,000 of the notes payable becomes due. The note receivable is due in 2023. On July 18, 2021. Fred Cullumber invested $4,200 cash in the business. 3 Equipment F. Cullumber,capital F. Cullumber, drawings Insurance expense Interest expense Interest payable 50,000 17,340 33.000 1.500 2,830 730 Prepaid insurance Service revenue Short-term investments Supplies Supplies expense Unearned revenue 2.900 65,050 2.700 3.100 2,400 3,500 Additional information: 1 2 In 2022, $3,000 of the notes payable becomes due. The note receivable is due in 2023. On July 18, 2021. Fred Cullumber invested $4.200 cash in the business. 3. (a) Prepare closing journal entries and calculate the post-closing balance in F. Cullumber, Capital on December 31, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) F. Cullumber, Capital Dec 31, 2021 17,340 Clos. 33,000 Clos 49.420 Bal. + F. Cullumber, Capital Dec 31, 2021 17,340 Clos 33,000 Clos. 49.420 Bal Bal. Clos. Dec 31, 2020 Dec 31, 2021 July 18