Debra King the bookkeeper for Cullumber Company. Debra has been trying to determine the correct balance sheet for Cullum
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Debra King the bookkeeper for Cullumber Company. Debra has been trying to determine the correct balance sheet for Cullum
Debra King the bookkeeper for Cullumber Company. Debra has been trying to determine the correct balance sheet for Cullumber Company, shown as follows CULLUMBER COMPANY Balance Sheet December 31, 2022 Assets Libilities Cash $15,000 Accounts payable $29,480 Supplies 8,000 Accounts receivable Equipment 45,000 Owner's capital Owner's drawings 13,000 Totallables and owner's equity Totalt $82,000 Prepare a correct balance sheet. (List Assets in order of liquidity) CULLUMBER COMPANY Balance Sheet December 31, 2022 Assets Account Rev Supplica Sument $ Total Current Act Liabilities and Owner's Equity Li Accounts Pay Owner's Equity Owner's Capital Total Lablitics and Owner's Sulty V $ (9116) 61.666 $82,000 15,000 9115 2000 44,000 72116 27,450 41,444 22,000
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