Business, 24.03.2020 03:32 isabel81ie

The following items are taken from the financial statements of Cullumber Company for 2022:

Accounts payable $10,600
Accounts receivable 12,500
Accumulated depreciation—equipment 36,900
Advertising expense 21,400
Cash 13,000
Common stock 97,000
Depreciation expense 13,600
Dividends 16,000
Equipment 225,000
Insurance expense 2,600
Notes payable 65,000
Prepaid insurance 6,600
Rent expense 16,800
Retained earnings (beginning) 25,900
Salaries and wages expense 33,500
Salaries and wages payable 3,900
Service revenue 133,000
Supplies 4,600
Supplies expense 6,700

Prepare a classified balance sheet for Cullumber Company as of April 30, 2022.

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The following items are taken from the financial statements of Cullumber Company for 2022: