Preparing a Trial Balance}

The following accounts and account balances are available for Badger Auto Parts at December 31, 2018:

\section*{Required:}
Prepare a trial balance. Assume that all accounts have normal balances.
\section*{Exercise

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Accounts Payable Accounts Receivable Accumulated Depreciation (Furniture) $ 8,500 Income Tax Payable $ 3,600 40,800 Interest Expense 6,650 47,300 Interest Payable 1,800 Cash 3,200 Inventory 60,500 Common Shares 100,000 Notes Payable (Long-Term) 50,000 Cost of Goods Sold 184,300 Prepaid Rent 15,250 Depreciation Expense (Furniture) 10.400 Retained Earnings, 12/31/2017 15,900 Furniture 128,000 Sales Revenue 264,700 Utilities Expense 9,700 Advertising Expense 29,200 Income Tax Expense 3,800