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The following is the trial balance of Tamarisk Corporation at December 31, 2020. TAMARISK CORPORATION TRIAL BALANCE DECEMBER 31, 2020 Debits Credits Purchase Discounts

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The following is the trial balance of Tamarisk Corporation at December 31, 2020. TAMARISK CORPORATION TRIAL BALANCE DECEMBER 31, 2020 Debits Credits Purchase Discounts $23,000 Cash $436,310 Accounts Receivable 241,500 Rent Revenue 41,400 Retained Earnings Salaries and Wages Payable Sales Revenue 368,000 41,400 2,530,000 Notes Receivable 253,000 Accounts Payable Accumulated Depreciation-Equipment Sales Discounts 112,700 64,400 33,350 Sales Returns and Allowances 40,250

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