The adjusted trial balance columns of the worksheet for Culver Company are as follows. Culver Company Worksheet (Partial) For the Month Ended April 30, 2022 Adjusted Trial Balance Account Titles Dr. Cr. Cash 12,000 Accounts Receivable 7,620 Prepaid Rent 2,500 Equipment 22,750 Accumulated Depreciation-Equip. 5,500 Notes Payable (due in October 2022) 5,500 Accounts Payable 5,000 Common Stock 20,650 Retained Earnings 8,350 Dividends 3,600 Service Revenue 15,500 Salaries and Wages Expense 10,580 Rent Expense 750 Depreciation Expense 700 Interest Expense 60 Interest Payable 60 Totals 60,560 60,560

The adjusted trial balance columns of the worksheet for Culver Company are as follows. Culver Company Worksheet (Partial) For the Month Ended April 30, 2022 Adjusted Trial Balance Account Titles Dr. Cr. Cash 12,000 Accounts Receivable 7,620 Prepaid Rent 2,500 Equipment 22,750 Accumulated Depreciation-Equip. 5,500 Notes Payable (due in October 2022) 5,500 Accounts Payable 5,000 Common Stock 20,650 Retained Earnings 8,350 Dividends 3,600 Service Revenue 15,500 Salaries and Wages Expense 10,580 Rent Expense 750 Depreciation Expense 700 Interest Expense 60 Interest Payable 60 Totals 60,560 60,560

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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use the following adjusted. trial balance to prepare the classified balance sheet for Nu2U for June 30, 2021. Nu2U, Inc. Adjusted Trial Balance At June 30, 2021 (in thousands) Accounts title Debit Credit Cash $ 102 Accounts receivable 40 Supplies 23 Prepaid insurance 15 land 288 buildings and equipment 450 Accumulated depreciation 63 trademark 65 account payable 35 accrued liabilities 15 unearned revenue 66 long-term-mortgage note payable 125 common stock 350 retained earnings, 07/01/20 324 dividends 45 commission revenue 475 wages expenses 160 supplies expenses 27 depreciation expenses 97 general and administrative expenses 102 interest expense 32 income tax expense 7 totals $1,453 $1,453
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