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The adjusted trial balance for Cullumber Company is given below. Cullumber Company Trial Balance August 31, 2020 Before Adjustment After Adjustment Dr. Cr. Dr. Cr.
The adjusted trial balance for Cullumber Company is given below. Cullumber Company Trial Balance August 31, 2020 Before Adjustment After Adjustment Dr. Cr. Dr. Cr. Cash $10,000 $10,000 Accounts Receivable 8,500 9,500 Supplies 2,300 500 Prepaid Insurance 3,700 2,500 Equipment 12,000 12,000 Accumulated Depreciation-Equipment $3,400 $4,300 Accounts Payable 5,700 5,700 Salaries and Wages Payable 0 1,000 Unearned Rent Revenue 1,300 600 Common Stock 9,500 9,500 Retained Earnings 3,600 3,600 Service Revenue 33,800 34,800 Rent Revenue 10,800 11,500 Salaries and Wages Expense 16,800 17,800 Supplies Expense 1,800 Rent Expense 14,800 14,800 Insurance Expense 0 1,200 Depreciation Expense 900 $68,100 $68,100 $71,000 $71,000 Prepare the income statement for the year. Cullumber Company Income Statement Save for Later Attempts: 0 of 1 used Submit Answer Prepare the retained earnings statement for the year. Cullumber Company Retained Earnings Statement
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