pgpedughecom/edugen/iti/main.uni Kimmel, Financial Accounting, Be Help I Prepare a dassified balance sheet at August 31, 2017. (List current assets in order of CULLUMBER COMPANY Balance Sheet Assets Liabilities and Stockholders' Equity Kimmel, Financial Accounting, 8e Help I System Announcements (b) Your answer is correct. Prepare a retained earnings statement for August. (List items that increase r CULLUMBER COMPANY Retained Earnings Statement For the Month Ended August 31, 2017 Retained Earnings, August 1 OL 6970 Net Income / (Loss) Add 6970 2100 Less Dividends 4870 Retained Earnings, August 31 Open Show Work Click if you would like to Show Work for this question: SHOW LIST OF ACCOUNTS LINK TO TEXT (c) Prepare a classified ha Kimmel, Financial Accounting, 8e Help I System Announcements (a) Your answer is correct. Prepare an income statement for August. CULLUMBER COMPANY Income Statement For the Month Ended August 31, 2017 ' Revenues 10600 Service Revenue Expenses 890 Rent Expense Salaries and Wages Expense Utilities Expense 2400 340 3630 Total Expenses 6970 Net Income (Loss) Open Show Work Click if you would like to Show Work for this question: SHOW LIST OF ACCOUNTS LINK TO TExT Exercise 3-5 (Part Level Submission) A tabular analysis of the transactions made during August 2017 by Cullumber Company during its first month of operations is shown below. Each ince -Liabilities Assets Stockholders' Equity Cash + A/R + Supp. + Equip. Accounts Payable + Common Stock + Retained Earnings Revenues Expenses- Dividends (1) $24,400 (2) -1,160 $24,400 Com. Stock $3,800 $4,960 $700 -700 Serv. Rev. (4) 4,300 $6,300 (5) 2,500 (6) 2,100 (7) 890 $10,600 -2,500 -$2,100 Div. -$890 Rent Exp. 370 370 -2,400 -340 Sal. Exp. Util. Exp (9) 2,400 (10) 340 v (a) Your answer is correct Prepare an income statement for August. CULLUMBER COMPANY Income Statement For the Month Ended August 31, 2017 Y Service Revenue Expenses