Liabilities and Stockholders' Equity s 5 eTextbook and Media List of Accounts Prepare a classified...

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Liabilities and Stockholders' Equity s 5 eTextbook and Media List of Accounts Prepare a classified balance sheet. (List Current Assets in order of liquidity) Current Attempt in Progress The adjusted trial balance columns of the worksheet for Cullumber Company are as follows. Prepare an income statement. (Enter negative amounts using either a negathe sign preceding the number es:-55 or parentheses es. (55)) Prepare a classified balance sheet. (List Current Assets in order of liquidity.) \begin{tabular}{|c|c|c|} \hline Account Titles & Dr. & Cr. \\ \hline Cash & 11,000 & \\ \hline Accounts Receivable & 7,220 & \\ \hline Prepaid Rent & 2,200 & \\ \hline Equipment & 22,850 & \\ \hline Accumulated Depreciation-Equip. & & 4,500 \\ \hline Notes Payable (due in October 2027) & & 5,900 \\ \hline Accounts Payable & & 4,500 \\ \hline Common Stock & & 21,730 \\ \hline Retained Earnings & & 7,200 \\ \hline Dividends & 3,850 & \\ \hline Service Revenue & & 15,500 \\ \hline Salaries and Wages Expense & 10,860 & \\ \hline Rent Expense & 700 & \\ \hline Depreciation Expense & 650 & \\ \hline Interest Expense & 90 & \\ \hline Interest Payable & & 90 \\ \hline Totals & 59,420 & 59,420 \\ \hline \end{tabular} Liabilities and Stockholders' Equity s 5 eTextbook and Media List of Accounts

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