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Account Title Debit Credit $ 8,500 24,500 7,893 175,000 Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable

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Account Title Debit Credit $ 8,500 24,500 7,893 175,000 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 36,050 48,000 12,500 17,000 62,000 15,000 125,238 18,000 125,000 23,252 67,302 8,000 12,341_ $392,788 $392,788 Totals Use the above adjusted trial balance to prepare Wilson Trucking Company's classified balance sheet as of December 31, 2017 WILSON TRUCKING COMPANY Balance Sheet December 31, 2017 Assets Liabilities Equity

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