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4 October, 00:33

From the ledger balances below, prepare a trial balance for Cullumber Company at June 30, 2017. All account balances are normal. Accounts Payable $8,750, Cash $8,000, Common Stock $22,800, Dividends $2,550, Equipment $18,050, Service Revenue $7,750, Accounts Receivable $4,750, Salaries and Wages Expense $3,200, Rent Expense $2,750.

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  1. 4 October, 03:44
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    The preparation of the trial balance is presented below:

    Cullumber Company

    June 30, 2017

    Trial Balance

    Particulars Debit Credit

    Service revenue $7,750

    Cash $8,000

    Accounts Payable $8,750

    Common stock $22,800

    Dividend $2,550

    Equipment $18,050

    Rent expense $2,750

    Salaries and wages expense $3,200

    Accounts receivable $4,750

    Total $39,300 $39,300
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