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The adjusted trial balance columns of the worksheet for Cullumber Company are as follows. The owner did not make any additional investments in the business
The adjusted trial balance columns of the worksheet for Cullumber Company are as follows. The owner did not make any additional investments in the business in April. CULLUMBER COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Adjusted Trial Balance Account Titles Dr. Cr. Cash 11,800 Accounts Receivable 7,800 Prepaid Rent 2,400 Equipment 23,300 Accumulated Depreciation-Equip. 4,700 Notes Payable 5,700 Accounts Payable 5,500 Owner's Capital 29,640 Owner's Drawings 3,900 Service Revenue 15.700 Salaries and Wages Expense 10,600 Rent Expense 700 Depreciation Expense 740 Interest Expense 40 Interest Payable 40 16128 Totals 61.280 61.280 (a1) Prepare an income statement. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) CULLUMBER COMPANY Income Statement $ $
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