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The following information is available for Cullumber Company Accounts receivable $2,500 Cash $6,380 Accounts payable 4,700 Supplies 3,720 Interest payable 610 Unearned service revenue 910
The following information is available for Cullumber Company Accounts receivable $2,500 Cash $6,380 Accounts payable 4,700 Supplies 3,720 Interest payable 610 Unearned service revenue 910 Salaries and wages expense 4,700 Salaries and wages payable 880 Notes payable 31,000 Depreciation expense 620 Common stock Inventory 55,000 2,820 Equipment (net) 110,000 Using the information above, prepare a balance sheet as of December 31, 2022. (Hint: Solve for the missing retained earnings amount after first determining total assets and total liabilities.) (List assets in order of liquidity.) Cullumber Company Balance Sheet Assets +A $ +A $ Liabilities and Stockholders' Equity $ $ $
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