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Account Tite Cash Accounts receivable Office supplies Trucks DebitCredit S 6,500 15,500 6,380 158,000 S 32,548 42,000 Land Accounts payable Interest payable Long-term notes payable
Account Tite Cash Accounts receivable Office supplies Trucks DebitCredit S 6,500 15,500 6,380 158,000 S 32,548 42,000 Land Accounts payable Interest payable Long-term notes payable Common stock Retained earnings Dividends Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense Trucks 10,500 10,000 67.000 26,941 107.764 43,000 121,000 20,993 54,404 9,000 Totals S375,753 S 375,753 Use the above adjusted trial balance to prepare Wilson Trucking Company's classified b December 31, 2015 Answer is not complete. WILSON TRUCKING COMPANY Balance Sheet 2015 Assets Current assets 6500 5,500 6380 Accounts receivable Office supplies Total curent assets 28 380 Plant assets Trucks s 158,000 Aocumulated deprecation32.548125.452 Trucks Land 42,000 167.452 195,832 Total plant assets Total assets Liabilities Current liabilities Accounts payable Interest payable 10,500 10.000 Total current liabilities 20,500 Common stock 26,941 Retained eamings 107,764 Total liabilties 155.205 Equity Trucking fees eaed 121,000 Total liabilities and equity 276,205
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