Account Title Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks 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 Totals Debit Credit $ 7,000 14,500 6,958 175,000 $ 36,050 49,000 11,000 2.000 57,000 21,368 139,500 43,000 128,000 23, 252 59,329 6,000 10,879 $394,918 $394,918 Use the above adjusted trial balance to prepare Wilson Trucking Company's classified balance sheet as of December 31. WILSON TRUCKING COMPANY Balance Sheet December 31 Assets $ Current assets Cash Accounts receivable Office supplies 7,000 14,500 6,958 $ 28,458 175,000 Total current assets Plant assets Trucks Accumulated depreciation-Trucks Land Total plant assets 175,000 49,000 224,000 Office supplies 6,958 $ 28,458 $ 175,000 Total current assets Plant assets Trucks Accumulated depreciation-Trucks Land Total plant assets Total assets Liabilities 175,000 49,000 224,000 252,458 $ Current liabilities Accounts payable Interest payable $ 11,000 2,000 Total current liabilities 13,000 Equity Total equity 0 $ 0