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Presented below is the trial balance of Thompson Corporation at December 31, 2017 THOMPSON CORPORATION TRIAL BALANCE DECEMBER 31, 2017 Debits Credits Purchase Discounts Cash
Presented below is the trial balance of Thompson Corporation at December 31, 2017 THOMPSON CORPORATION TRIAL BALANCE DECEMBER 31, 2017 Debits Credits Purchase Discounts Cash Accounts Receivable Rent Revenue Retained Earnings Salaries and Wages Payable Sales Revenue Notes Receivable Accounts Payable Accumulated Depreciation-Equipment Sales Discounts Sales Returns and Allowances Notes Payable Selling Expenses Administrative Expenses Common Stock Income Tax Expense Cash Dividends $10,000 $189,700 105,000 18,000 160,000 18,000 1,100,000 110,000 49,000 28,000 14,500 17,500 70,000 232,000 99,000 300,000 53,900 45,000
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