Current Attempt in Progress On July 31, 2022, the general ledger of Cullumber Legal Services Inc. showed the following balances: Cash $3,120, Accounts Receivable $1,170, Supplies $390, Equipment $3,900, Accounts Payable $3,200, Common Stock $2,730, and Retained Earnings $2,650. During August, the following transactions occurred. Aug. 3 Collected $940 of accounts receivable due from customers. 5 Received $1.010 cash for issuing common stock to new investors. 6 Pald $2.110 cash on accounts payable. 7 Performed legal services of $5,070, of which $2,340 was collected in cash and the remainder was due on account. 12 Purchased additional equipment for $940, paying $310 in cash and the balance on account 14 Paid salaries $2,730, rent $700, and advertising expenses $215 for the month of August. 18 Collected the balance for the services performed on August 7. 20 Pald cash dividend of $390 to stockholders 24 Billed a client $780 for legal services performed. 26 Received $1,560 from Laurentian Bank; the money was borrowed on a bank note payable that is due in 6 months. 27 Agreed to perform legal services for a client in September for $3.510. The client will pay the amount owing after the services have been performed 28 Received the utility bill for the month of August in the amount of $215; it is not due until September 15. 31 Pald income tax for the month $390. (a) CULLUMBER LEGAL SERVICES INC. Trial Balance Debit Credit $ A Q Vic ACC MacBook Air + Ch 3: Homework Question 10 of 10 3.31/4.5 Debit Credit $ MacBook Air