The adjusted trial balance of Culver Corporation for the year ended December 31, 2022, is as...
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The adjusted trial balance of Culver Corporation for the year ended December 31, 2022, is as follows. Cash Accounts Receivable Note Receivable (due February 20, 2023) Inventory Timberland Land Equipment Patent Accumulated Depletion Allowance for Doubtful Accounts Accumulated Depreciation-Equipment Notes Payable (due January 15, 2023) Accounts Payable Common Stock Retained Earnings Sales Revenue Debit $6,900 3,900 2,700 6,700 21,600 15,500 35,500 12,500 Credit $3,700 1,200 9,200 5,400 2,500 63,500 6,800 59,500 Sales Revenue Interest Revenue Cost of Goods Sold Salaries and Wages Expense Depreciation Expense Amortization Expense Research and Development Expense Bad Debt Expense License Expense Interest Expense Loss on Disposal of Plant Assets Total 23,600 12,200 2,200 1,900 2,000 600 300 1,100 3,000 $152,200 59,500 400 $152,200 CULVER CORPORATION Income Statement (a2) The parts of this question must be completed in order. This part will be available when you complete the part above. (a3) The parts of this question must be completed in order. This part will be available when you complete the part above. The adjusted trial balance of Culver Corporation for the year ended December 31, 2022, is as follows. Cash Accounts Receivable Note Receivable (due February 20, 2023) Inventory Timberland Land Equipment Patent Accumulated Depletion Allowance for Doubtful Accounts Accumulated Depreciation-Equipment Notes Payable (due January 15, 2023) Accounts Payable Common Stock Retained Earnings Sales Revenue Debit $6,900 3,900 2,700 6,700 21,600 15,500 35,500 12,500 Credit $3,700 1,200 9,200 5,400 2,500 63,500 6,800 59,500 Sales Revenue Interest Revenue Cost of Goods Sold Salaries and Wages Expense Depreciation Expense Amortization Expense Research and Development Expense Bad Debt Expense License Expense Interest Expense Loss on Disposal of Plant Assets Total 23,600 12,200 2,200 1,900 2,000 600 300 1,100 3,000 $152,200 59,500 400 $152,200 CULVER CORPORATION Income Statement (a2) The parts of this question must be completed in order. This part will be available when you complete the part above. (a3) The parts of this question must be completed in order. This part will be available when you complete the part above.
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Income statement is as follows CULVER CORPORATION Income ... View the full answer
Related Book For
College Accounting
ISBN: 978-1119405962
1st Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Deanna C. Martin, Jill E. Mitchell
Posted Date:
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