Cullumber Department Store is located in midtown Metropolis. During the past several year uburban shopping...
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Cullumber Department Store is located in midtown Metropolis. During the past several year uburban shopping centers have been attracting business away from city areas. At the end o 30, 2022, these accounts appeared in its adjusted trial balance. Accounts Payable $ 47,200 Accounts Receivable 30,700 Accumulated Depreciation-Equipment 122,400 Cash 14,400 Common Stock 63,000 Cost of Goods Sold 1,097,100 Freight-Out 11.380 Equipment 286,200 Depreciation Expense 24,900 Dividends 21,600 Gain on Disposal of Plant Assets 3,600 Income Tax Expense 18,000 Insurance Expense 16,200 Interest Expense 9,000 Inventory 46,900 Notes Payable 78,300 Prepaid Insurance 10,800 Advertising Expense 60,300 W IV Prepaid Insurance 10.800 Advertising Expense 60,300 Rent Expense 61,200 Retained Earnings 25,300 Salaries and Wages Expense 213,620 Sales Revenue 1,626,000 Salaries and Wages Payable 10.800 Sales Returns and Allowances 36,000 Utilities Expense 18,300 Additional data: Notes payable are due in 2026. (a 1) Prepare a multiple-step income statement. (List other revenues b CULLUMBER Inc antapan Question 25 of 32 CULLUMBER DEPARTMENT STORE Income Statement $ $ amazon 9988 EO
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