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eBook Show Me How Print Item Preparing a Trial Balance Preparation The following accounts and account balances are available for Badger Auto Parts at December

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Preparing a Trial Balance Preparation

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

Accounts Payable $8,800 Income Taxes Payable $3,600
Accounts Receivable 41,100 Interest Expense 6,650
Accumulated Depreciation (Furniture) 47,200 Interest Payable 1,800
Advertising Expense 29,200 Inventory 60,400
Cash 3,200 Notes Payable (Long-Term) 50,000
Common Stock 100,000 Prepaid Rent 15,250
Cost of Goods Sold 184,400 Retained Earnings, January 1 16,200
Depreciation Expense (Furniture) 10,400 Sales Revenue 264,500
Furniture 128,000 Utilities Expense 9,700
Income Taxes Expense 3,800

Required:

Prepare a trial balance. Assume that all accounts have normal balances. If an amount box does not require an entry, leave it blank.

Badger Auto Parts
Trial Balance
December 31
Account Debit Credit
Cash $fill in the blank 2 $fill in the blank 3
Accounts Receivable fill in the blank 5 fill in the blank 6
fill in the blank 8 fill in the blank 9
Inventory fill in the blank 11 fill in the blank 12
fill in the blank 14 fill in the blank 15
fill in the blank 17 fill in the blank 18
fill in the blank 20 fill in the blank 21
fill in the blank 23 fill in the blank 24
fill in the blank 26 fill in the blank 27
fill in the blank 29 fill in the blank 30
fill in the blank 32 fill in the blank 33
fill in the blank 35 fill in the blank 36
fill in the blank 38 fill in the blank 39
fill in the blank 41 fill in the blank 42
fill in the blank 44 fill in the blank 45
fill in the blank 47 fill in the blank 48
fill in the blank 50 fill in the blank 51
fill in the blank 53 fill in the blank 54
fill in the blank 56 fill in the blank 57
$fill in the blank 58 $fill in the blank 59

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