Question: Exercise 1-18 CALCULATOR MESSACE MY INSTRUCTOR FULL SCREEN Your answer is partially correct. Try again. Wayne Holtz is the bookkeeper for Cullumber Company. Wayne has


Exercise 1-18 CALCULATOR MESSACE MY INSTRUCTOR FULL SCREEN Your answer is partially correct. Try again. Wayne Holtz is the bookkeeper for Cullumber Company. Wayne has been trying to get the balance sheet of Columber Company to balance. It finally balanced, but now he's not sure it is correct Cullumber Company Balance Sheet December 31, 2022 Assets Liabilities and Stockholders' Equity Cash $15,600 Accounts payable $16,800 Supplies 9,900 Accounts receivable (11,100) Equipment 44,000 Common stock 37,000 Dividends 7.300 Retained earings 34,100 Total assets $76,600 Total liabilities and stockholders $76,800 equity Prepare a correct balance sheet. (List assets in order of Huidity.) CULLUMBER COMPANY Balance Sheet December 31, 2022 Assets 15600 11100 Accounts Receivable Tsunnillas CALCULAT CULLUMBER COMPANY Balance Sheet December 31, 2022 Assets cash 15600 Accounts Receivable 11100 Supplies 9900 Equipment 44000 Total Assets 80600 Liabilities and Stockholders' Equity Liabilities Accounts Payable 16800 Stockholders Equity common stock 37000 Retained Earnings M Supplies 9900 Equipment 44000 lu Total Assets 80600 Liabilities and Stockholders' Equity Liabilities Accounts Payable 16800 Stockholders' Equity common stock 37000 X Retained Earnings Total Stockholders Equity Total blities and Stockholders Equity SHOW LIST OF ACCOUNTS LINK TO THXT LINK TO VIDEO
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
