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Account Title Debit Credit Cash $ 5,800 Accounts receivable 29,000 Office supplies 6,353 Trucks 164,000 Accumulated depreciationTrucks $ 33,784 Land 47,000 Accounts payable 9,800 Interest
Account Title | Debit | Credit | ||||
Cash | $ | 5,800 | ||||
Accounts receivable | 29,000 | |||||
Office supplies | 6,353 | |||||
Trucks | 164,000 | |||||
Accumulated depreciationTrucks | $ | 33,784 | ||||
Land | 47,000 | |||||
Accounts payable | 9,800 | |||||
Interest payable | 18,000 | |||||
Long-term notes payable | 56,000 | |||||
K. Wilson, Capital | 167,463 | |||||
K. Wilson, Withdrawals | 48,000 | |||||
Trucking fees earned | 121,000 | |||||
Depreciation expenseTrucks | 21,791 | |||||
Salaries expense | 54,170 | |||||
Office supplies expense | 20,000 | |||||
Repairs expenseTrucks | 9,933 | |||||
Totals | $ | 406,047 | $ | 406,047 | ||
|
Use the above adjusted trial balance to prepare Wilson Trucking Companys classified balance sheet as of December 31, 2017.
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