View Policies Show Attempt History Current Attempt in Progress An equation analysis of the transactions made during August 2018 (the first month of the fiscal year) by Cullumber Corporation is shown below. Each increase and decrease in shareholders equity is explained Liabilities Shareholders' Equity Retained Earnings Accum. Dep. Accounts Payable Common Shares + + Bal. Revenues Expenses Dividends Declared Comments $ 660 $ 2.400 $20.040 $ 1.600 $0 +4,500 common shares +3,500 +9,500 service revenue (1.700) 0.33/1 E Question 2 of 4 30 $680 $2,400 $ 20.040 1,600 common shares +4,500 +3,500 service revenue +9.500 (1.700) (2,004 > dividend (810) rent expense (2.900) (130) (1.300) 1.300 salaries expense utilities expense depreciation expense advertising expense income tax expense 480 (480 (410) o TI 3 o 404 Question 2 of 4 > 0.33/1 JOST 11.000 32800 100 51100 20 (1) 4.500 2500 21 (1.100) 4500 1500 30 (750) - 750 14) 4.500 5.000 (5) (1.700) (1.700 16) 12.004 17 (810) 490 490 (2.900 (109 1130 1111 1.500 112 1410 FO O c . Prepare an income statement for for the month of August 31, 2018. CULLUMBER CORPORATION Income Statement August 31, 2018 Revenues Service Revenge 9300 Expenses $ Question 2 of 4 0.33/1 E Prepare a statement of changes in equity for for the month of August 31, 2018. (f an amount reduces the account balance then enter with negative sign or parentheseses. - 45 or parentheses es (45). CULLUMBER CORPORATION Statement of Changes in Equity Common Shares Retained Earnings Total Equl $ $ Prepare a statement of financial position at August 31, 2018. (List current assets in order of liquidity) CULLUMBER CORPORATION Statement of Financial Position Anets $ Liabilities and Shareholders' Equity View Policies Show Attempt History Current Attempt in Progress An equation analysis of the transactions made during August 2018 (the first month of the fiscal year) by Cullumber Corporation is shown below. Each increase and decrease in shareholders equity is explained Liabilities Shareholders' Equity Retained Earnings Accum. Dep. Accounts Payable Common Shares + + Bal. Revenues Expenses Dividends Declared Comments $ 660 $ 2.400 $20.040 $ 1.600 $0 +4,500 common shares +3,500 +9,500 service revenue (1.700) 0.33/1 E Question 2 of 4 30 $680 $2,400 $ 20.040 1,600 common shares +4,500 +3,500 service revenue +9.500 (1.700) (2,004 > dividend (810) rent expense (2.900) (130) (1.300) 1.300 salaries expense utilities expense depreciation expense advertising expense income tax expense 480 (480 (410) o TI 3 o 404 Question 2 of 4 > 0.33/1 JOST 11.000 32800 100 51100 20 (1) 4.500 2500 21 (1.100) 4500 1500 30 (750) - 750 14) 4.500 5.000 (5) (1.700) (1.700 16) 12.004 17 (810) 490 490 (2.900 (109 1130 1111 1.500 112 1410 FO O c . Prepare an income statement for for the month of August 31, 2018. CULLUMBER CORPORATION Income Statement August 31, 2018 Revenues Service Revenge 9300 Expenses $ Question 2 of 4 0.33/1 E Prepare a statement of changes in equity for for the month of August 31, 2018. (f an amount reduces the account balance then enter with negative sign or parentheseses. - 45 or parentheses es (45). CULLUMBER CORPORATION Statement of Changes in Equity Common Shares Retained Earnings Total Equl $ $ Prepare a statement of financial position at August 31, 2018. (List current assets in order of liquidity) CULLUMBER CORPORATION Statement of Financial Position Anets $ Liabilities and Shareholders' Equity