Accounting Assignment | College Homework Help


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2,510 Problem 2-03A You are provided with the following information for Cullumber Company, effective as of its April 30, 2022, year-end. Accounts payable $ 874 Accounts receivable 950 Accumulated depreciation–equipment 660 Cash 1,340 Common stock 16,200 Cost of goods sold 1,100 Depreciation expense 360 Dividends Equipment Goodwill Income tax expense Income taxes payable Insurance expense Interest expense Inventory Investment in land Land Mortgage payableCollege Homework Help
(long-term) 3,700 Notes payable (short-term) Prepaid insurance Retained earnings (beginning) 1,300 Salaries and wages expense 900 Salaries and wages payable 205 Sales revenue 6,400 Stock investments (short-term) 1,200 71 50 Prepare an income statement for Cullumber Company for the year ended April 30, 2022. (Enter negative amounts using either a negacy Prepare a retained earnings statement for Cullumber Company for year ended April 30, 2022. (List items that increase retained earnings first.) CULLUMBER COMPANY Retained Earnings Statement For the Year Ended April 30, 2022 Retained Earnings, May 1, 2021 Add Net Income / (Loss) Less Dividends Retained Earnings, April 30, 2022 SOCCORDECORANU Balance Sheet Assets Liabilities and Stockholders’ Equity Get Accounting Homework Help Today

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