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 Cost of Goods Sold Depreciation Expense (Furniture) Furniture Income Taxas Expense $ 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 15,250 15,900 264,700 9,700

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question
Please do not give solution in image format thanku
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
Cost of Goods Sold
Depreciation Expense (Furniture)
Furniture
Income Taxes Expense
Account
Accounts Payable
Accounts Receivable
Common Stock
Furniture
Prepare a trial balance. Assume that all accounts have normal balances. If an amount box does not require an entry, leave it
blank.
Cost of Goods Sold
Depreciation Expense (Furniture)
Cash
Badger Auto Parts
Inventory
Trial Balance
December 31, 2019
Interest Expense
Income Taxes Expense
$ 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
Debit
Q0000⁰⁰000
| DDDDDDDDDD
$3,600
6,650
1,800
60,500
50,000
15,250
15,900
264,700
9,700
Transcribed Image Text: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 Cost of Goods Sold Depreciation Expense (Furniture) Furniture Income Taxes Expense Account Accounts Payable Accounts Receivable Common Stock Furniture Prepare a trial balance. Assume that all accounts have normal balances. If an amount box does not require an entry, leave it blank. Cost of Goods Sold Depreciation Expense (Furniture) Cash Badger Auto Parts Inventory Trial Balance December 31, 2019 Interest Expense Income Taxes Expense $ 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 Debit Q0000⁰⁰000 | DDDDDDDDDD $3,600 6,650 1,800 60,500 50,000 15,250 15,900 264,700 9,700
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Accounting Policies, Changes in Accounting Estimates and Errors
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education