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Account Title Cash Debit Credit Accounts receivable $ 7,000 Office supplies 27,000 Trucks 7,865 Accumulated depreciation-Trucks 164,000 $ 33,784 Land 48,000 Accounts payable 11,000

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Account Title Cash Debit Credit Accounts receivable $ 7,000 Office supplies 27,000 Trucks 7,865 Accumulated depreciation-Trucks 164,000 $ 33,784 Land 48,000 Accounts payable 11,000 Interest payable 7,000 Long-term notes payable 70,000 K. Wagdy, Capital 128,237 K. Wagdy, Withdrawals 18,000 Trucking fees earned 129,000 Depreciation expense-Trucks 21,791 67,067 Salaries expense 6,000 Office supplies expense 12,298 Repairs expense-Trucks $379,021 $379,021 Totals Use the above adjusted trial balance to prepare Wagdy Trucking Company's class December 31, 2015. WAGDY TRUCKING COMPANY Balance Sheet December 31, 2015 Assets

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