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Account Title Debit Credit Cash $ 6,600 Accounts receivable 12,500 Office supplies 7,535 Trucks 173,000 Accumulated depreciation- $ 35,638 Trucks Land 49,000 Accounts payable 10,600
Account Title Debit Credit Cash $ 6,600 Accounts receivable 12,500 Office supplies 7,535 Trucks 173,000 Accumulated depreciation- $ 35,638 Trucks Land 49,000 Accounts payable 10,600 Interest payable 14,000 Long-term notes payable 41,000 K. Wilson, Capital 165,419 K. Wilson, Withdrawals 34,000 Trucking fees earned 124,000 Depreciation expense-Trucks 22,987 Salaries expense 64,253 Office supplies expense 9,000 Repairs expense-Trucks 11,782 Totals $390,657 $390,657 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 0 Liabilities Equity
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