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These financial statement items are for Cullumber Company at year-end, July 31, 2022. Salaries and wages payable $2,510 Salaries and wages expense 50,000 Utilities expense
These financial statement items are for Cullumber Company at year-end, July 31, 2022. Salaries and wages payable $2,510 Salaries and wages expense 50,000 Utilities expense 23,900 Equipment 20,900 Accounts payable 5,000 Service revenue 60,200 Rent revenue 8,200 Notes payable (due 2024) 1,800 Common stock 17,000 Cash 21,400 Accounts receivable 12,630 Accumulated depreciation-equipment 5,600 Dividends 6,000 Depreciation expense 4,200 Retained earnings (beginning of the year) 38,720 (a1) Prepare an income statement for the year ended July 31, 2022. (Enter loss with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Revenues CULLUMBER COMPANY Income Statement For the Year Ended July 31, 2022 $ $ Total Expenses eTextbook and Media List of Accounts Save for Later Last saved 2 hours ago. $ Attempts: 0 of 3 used Submit Ans Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes. (a2) The parts of this question must be completed in order. This part will be available when you complete the part above. (b) The parts of this question must be completed in order. This part will be available when you complete the part above
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