Question 7

Prepare a corrected trial balance for Cullumber Company. All accounts should have a normal balance.

Cullumber Company Trial Balance For the Quarter Ended March 31, 2022
		Debit		Credit
Cash		$26,700
Accounts Receivable				$34,400
Prepaid Insurance		3,100
Equipment		65,000
Accounts Payable				13,800
Unearned Service Revenue		10,900
Notes Payable				18,500
Common Stock				35,000
Retained Earnings		28,200
Dividends				1,900
Service Revenue				59,000
Salaries and Wages Expense		15,900
Utilities Expense		7,200
Rent Expense		11,200
		$168,200		$162,600

Cullumber Company Trial Balance choose the accounting period For the Year Ended March 31, 2022March 31, 2022For the Quarter Ended March 31, 2022
		Debit		Credit
enter an account title		$enter a debit balance		$enter a credit balance
enter an account title		enter a debit balance		enter a credit balance
enter an account title		enter a debit balance		enter a credit balance
enter an account title		enter a debit balance		enter a credit balance
enter an account title		enter a debit balance		enter a credit balance
enter an account title		enter a debit balance		enter a credit balance
enter an account title		enter a debit balance		enter a credit balance
enter an account title		enter a debit balance		enter a credit balance
enter an account title		enter a debit balance		enter a credit balance
enter an account title		enter a debit balance		enter a credit balance
enter an account title		enter a debit balance		enter a credit balance
enter an account title		enter a debit balance		enter a credit balance
enter an account title		enter a debit balance		enter a credit balance
enter an account title		enter a debit balance		enter a credit balance
		$enter a total for the debit column		$enter a total for the credit column