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Exercise 2-53 Preparing a Trial Balance Preparation The following accounts and account balances are available for Badger Auto Parts at December 31, 2019: Accounts Payable
Exercise 2-53 Preparing a Trial Balance Preparation The following accounts and account balances are available for Badger Auto Parts at December 31, 2019: Accounts Payable Accounts Receivable Accumulated Depreciation (Furniture) Advertising Expense Cash Common Stock $ 8,500 40,800 47,300 29,200 3,200 100,000 184,300 10,400 128,000 3,800 Income Taxes Payable Interest Expense Interest Payable Inventory Notes Payable (Long-Term) Prepaid Rent Retained Earnings, 12/31/2018 Sales Revenue Utilities Expense $ 3,600 6,650 1,800 60,500 50,000 Cost of Goods Sold Depreciation Expense (Furniture) Furniture Income Taxes Expense 15,250 15,900 264,700 9,700 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, 2019 Account Debit Credit Accounts Payable 1,500 Previous Ne
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