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Cullumber Company has the following balances in selected accounts on December 31, 2022. Accounts Receivable Accumulated Depreciation-Equipment Equipment Interest Payable Notes Payable Prepaid Insurance Salaries and Wages Payable Supplies Unearned Service Revenue 1. 2. 3. $0 4. 0 5,600 0 8,000 1,680 All the accounts have normal balances. The following information has been gathered at December 31, 2022. 0 1,960 24,000 Cullumber Company borrowed $8,000 by signing a 12%, 1-year note on September 1, 2022. Interest will be paid when the note is repaid. A count of supplies on December 31, 2022, indicates that supplies of $720 are on hand. Depreciation on the equipment for 2022 is $800. Cullumber paid $1,680 for 12 months of insurance coverage on June 1, 2022.

Cullumber Company has the following balances in selected accounts on December 31,2022 All the accounts have normal balances. The following information has been gathered at December 31,2022. 1. Cullumber Company borrowed $8,000 by signing a 12%,1-year note on September 1.2022 . Interest will be paid when the note is repaid. 2. A count of supplies on December 31,2022 , indicates that supplies of $720 are on hand 3. Depreciation on the equipment for 2022 is $800. 4. Cullumber paid $1,680 for 12 months of insurance coverage on fune 1.2022. Cullumber Company has the following balances in selected accounts on December 31,2022 All the accounts have normal balances. The following information has been gathered at December 31,2022. 1. Cullumber Company borrowed $8,000 by signing a 12%,1-year note on September 1.2022 . Interest will be paid when the note is repaid. 2. A count of supplies on December 31,2022 , indicates that supplies of $720 are on hand 3. Depreciation on the equipment for 2022 is $800. 4. Cullumber paid $1,680 for 12 months of insurance coverage on fune 1.2022

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