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The adjusted trial balance columns of the worksheet for Culver Company are as follows. hite- Dr. rse Culver Company Worksheet (Partial) For the Month Ended
The adjusted trial balance columns of the worksheet for Culver Company are as follows. hite- Dr. rse Culver Company Worksheet (Partial) For the Month Ended April 30, 2019 Adjusted Trial Balance Account Titles Cash 11,100 Accounts Receivable 7,000 Prepaid Rent 2,100 Equipment 23,000 Accumulated Depreciation-Equip. 4,900 Notes Payable 5,600 Accounts Payable 4,900 Common Stock 21,420 Retained Earnings 7,200 Dividends 3,700 Service Revenue 15,200 Salaries and Wages Expense 10,900 Rent Expense Depreciation Expense 720 Interest Expense Interest Payable 40 Totals 59,260 59,260 700 40 Prepare an income statement. (Enter negative amounts using either a negative sign preceding the number es. -55 or parentheses 2.3. (55).) Culver Company Income Statement Prepare an retained earnings statement. (List items that increase retained earnings first.) Culver Company Retained Earnings Statement Retained Earnings, April 1 4 Add : Net Income /(Loss) Less :: Dividends Retained Earnings, April 30 - Prepare a classified balance sheet. (List Current Assets in order of liquidity) Culver Company Balance Sheet Assets Liabilities and Stockholders' Equity
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