From the ledger balances below, prepare a trial balance for Cullumber Company at June 30, 2017. All account balances are normal. Accounts Payable $8,750, Cash $8,000, Common Stock $22,800, Dividends $2,550, Equipment $18,050, Service Revenue $7,750, Accounts Receivable $4,750, Salaries and Wages Expense $3,200, Rent Expense $2,750.

Question

Keaton Mcbride

Business

27 November, 18:45

From the ledger balances below, prepare a trial balance for Cullumber Company at June 30, 2017. All account balances are normal. Accounts Payable $8,750, Cash $8,000, Common Stock $22,800, Dividends $2,550, Equipment $18,050, Service Revenue $7,750, Accounts Receivable $4,750, Salaries and Wages Expense $3,200, Rent Expense $2,750.

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Jared Pacheco · Answer 1

The preparation of the trial balance is presented below:

Cullumber Company

June 30, 2017

Trial Balance

Particulars Debit Credit

Service revenue $7,750

Cash $8,000

Accounts Payable $8,750

Common stock $22,800

Dividend $2,550

Equipment $18,050

Rent expense $2,750

Salaries and wages expense $3,200

Accounts receivable $4,750

Total $39,300 $39,300