Account Numbers, T-Accounts, and Transaction Analysis Consider the following ($ in thousands): Manitoba Computing Trial Balance December

Account Numbers, T-Accounts, and Transaction Analysis Consider the following ($ in thousands):

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Manitoba Computing Trial Balance December 31, 20X7 Balance Account Number Account Titles Debit Credit 10 Cash $ 55 20 Accounts receivable 115 21 Note receivable 100 30 Inventory 130 40 70 70A 80 Prepaid insurance Equipment Accumulated depreciation, equipment Accounts payable 12 120 $ 30 135 1.00 Paid-in capital 65 110 Retained earnings 182 130 Sales 950 150 Cost of goods sold 550 160 Wages expense 200 170 Miscellaneous expense 80 $1,362 $1,362