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.

3. Journalize and post adjusting and closing entries. (Be sure to put beginning balances in the ledger first.)

4. Prepare a post-closing trial balance.

5. Journalize the reversing entry for wages accrued.

Additional Data
a./b. Merchandise inventory, December 31 $4,800
c. Lumber supplies on hand, December 31 100
d. Insurance expired 180
e. Depreciation for the year 200
f. Accrued wages on December 31 85

Account Balances for Cullen Lumber Acct. No S1,370 1,260 4,450 277 212 2,600 530 1,180 Cash Accounts Receivable Merchandise Inventorny Lumber Supplies Prepaid Insurance Lumber Equipment Accum. Dep., Lumber Equipment Accounts Payable Wages Payable J. Cullen, Capital J. Cullen, Withdrawals Income Summary Sales Sales Returns and Allowances Purchases Purchases Discount Purchases Returns and Allowances Wages Expense Advertising Expense Rent Expense Dep. Expense, Lumber Equipment Lumber Supplies Expense Insurance Expense 110 112 113 114 121 122 220 221 330 331 332 440 441 550 551 552 660 661 662 663 664 665 6,544 3,300 23,100 220 14,600 285 290 2,480 370 790