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Selected transactions from the journal of Cullumber Company, are presented as follows. Credit Date Aug. 1 Debit 6,550 6,550 10 2,760 2.760 12 4.890 Account

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Selected transactions from the journal of Cullumber Company, are presented as follows. Credit Date Aug. 1 Debit 6,550 6,550 10 2,760 2.760 12 4.890 Account Titles and Explanation Cash Common Stock (Issued common stock for cash) ) Cash Service Revenue (Received cash for services performed) Equipment Cash Notes Payable (Purchased office equipment for cash and notes payable) Account Receivable Service Revenue (Billed clients for services performed) Cash Accounts Receivable (Receipt of cash on account) 760 4,130 25 1.680 1,680 31 890 890 (a) Your answer is correct. . Post the transactions to T-accounts. (Post entries in the order displayed in the problem statement.) Cash Aug. 1 V 6.550 Aug, 12 V 760 Aug. 10 V 2.760 V Aug 31 890 Bal. . V 9440 Accounts Receivable Aue. 25 1,680 Aue 31 890 Bal. 790 Equipment V Aug. 12 4.890 Notes Payable Aug 12 4.130 Common Stock Aue 1 6,550 Service Revenue Aug. 10 2,760 Aug. 25 1,680 Bal. 4440 eTextbook and Media Assistance Used List of Accounts Assistance Used Attempts: unlimited Question Part Score 5/5 (b) Prepare a trial balance at August 31, 2022. Cullumber Company Trial balance Aueust 31, 2022 Debit Credit $ Totals $

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