Question: How to solve Your answer is partially correct. The following is a list of accounts, in alphabetical order, for Cullumber Ltd . at December 3

How to solve
Your answer is partially correct.
The following is a list of accounts, in alphabetical order, for Cullumber Ltd. at December 31,2024. All accounts have a normal balance.
\table[[Accounts payable,$2,900,Income tax expense,$920],[Accounts receivable,7,900,Office expense,5,800],[Accumulated depreciation-equipment,5.400,Rent expense,3,400],[Cash,18,400,Retained earnings,22,020],[Common Shares,7,800,Salaries expense,10,500],[Deferred revenue,3,600,Salaries payable,4,400],[Depreciation expense,3,400,Service revenue,30,400],[Dividends declared,5,900,Supplies,4,900],[Equipment,12,800,Supplies expense,2,600]]
CULLUMBERLTD.
Trial Balance
December 31,2024
Debit
Credit
Cash
$
$
Accounts Receivable
Supplies q,
Equipment q,
Accumulated Depreciation - Equipment
q,
Salaries Payable
ENG
20
Search
T
US
How to solve Your answer is partially correct.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!