12a-1 income sheet 2

Using the ledger balances and additional data given, do the following for Cullen Lumber for the year ended December 31, 201X: 1. Prepare the worksheet. 2. Prepare the income statement, statement of owner's equity, and balance sheet. Login Using the ledger balances and additional data given, do the following for Cullen Lumber for the year ended December 31, 201X: 1. Prepare the worksheet. 2. Prepare the income statement, statement of owner's equity, and balance sheet. Login Using the ledger balances and additional data given, do the following for Cullen Lumber for the year ended December 31, 201X: 1. Prepare the worksheet. 2. Prepare the income statement, statement of owner's equity, and balance sheet. Login equirement 2 CULLEN LUMBER INCOME STATEMENT FOR YEAR ENDED DECEMBER 31, 2017 Worlesheet INOSTMI STMT OF OE BAL SHEET JES LEDGER LEDGER 2 LEDGER 3 Type here to search O EI 4 5 Requirement 2 6 7 8 CULLEN LUMBER INCOME STATEMENT FOR YEAR ENDED DECEMBER 31, 201X 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 Worksheet INC STMT STMT OF OE BAL SHEET Ready JE'S LEDGER LEDGER (2) LEDGER (3) LEDGER O Type here to search hp unt Balances for Cullen Lumber Acct. No. 110 Cash 111 112 113 $1,370 1,260 4,450 277 114 121 122 Accounts Receivable Merchandise Inventory Lumber Supplies Prepaid Insurance Lumber Equipment Accum. Dep., Lumber Equipment Accounts Payable Wages Payable J. Cullen, Capital J. Cullen, Withdrawals Income Summary 212 2,600 530 1,180 220 221 330 331 6,544 3,300 332 440 Sales 441 Sales Returns and Allowances 23,100 220 14,600 550 Purchases 551 Purchases Discount 285 552 Purchases Returns and Allowances 290 2,480 370 660 661 662 663 664 790 Wages Expense Advertising Expense Rent Expense Dep. Expense, Lumber Equipment Lumber Supplies Expense Insurance Expense 665 Additional Data a./b. C. d. Merchandise inventory, December 31 Lumber supplies on hand, December 31 Insurance expired Depreciation for the year Accrued wages on December 31 $4,800 100 180 200 85 e. f. CHAPTER 12 Completion of the Accounting Cycle Account Balances for Cullen Lumber Acct. No. 110 111 $1,370 1,260 4,450 112 113 277 114 212 121 2,600 122 Cash Accounts Receivable Merchandise Inventory Lumber Supplies Prepaid Insurance Lumber Equipment Accum. Dep., Lumber Equipment Accounts Payable Wages Payable J. Cullen, Capital J. Cullen, Withdrawals Income Summary Sales 530 220 1,180 221 330 331 6,544 3,300 332 440 23,100 441 Sales Returns and Allowances 220 550 Purchases 14,600 551 Purchases Discount 285 552 Purchases Returns and Allowances 290 660 2,480 661 370 790 662 663 Wages Expense Advertising Expense Rent Expense Dep. Expense, Lumber Equipment Lumber Supplies Expense Insurance Expense 664 665 - Additional Data a./b. C. Merchandise inventory, December 31 Lumber supplies on hand, December 31 Insurance expired Depreciation for the year Accrued wages on December 31 $4,800 100 180 200 85 d. e. f