PREPARING A TRIAL BALANCE PREPARATION The following accounts and account balances are available for Badger Auto Parts at December 31, 2009:

Accounts Payable $ 9,200 Accounts Receivable 41,100 Accumulated Depreciation, Furniture and Fixtures 47,300 Cash 3,700 Common Stock 100,000 Cost of Goods Sold 189,000 Depreciation Expense, Furniture and Fixtures 10,400 Furniture and Fixtures 128,000 General and Administrative Expense 9,700 Income Taxes Expense 3,700 Income Taxes Payable 3,600 Interest Expense 7,200 Interest Payable 1,800 Inventory 60,500 Long-Term Notes Payable 50,000 Prepaid Rent 15,000 Retained Earnings, 12/31/2008 15,900 Sales Revenue 268,000 Selling Expense 27,500 Required:

Prepare a trial balance. Assume that all accounts have normal balances.

Exercise