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Account Title Debit Credit Cash $ 6,800 Accounts receivable 26,000 Office supplies 7,205 Trucks 151,000 Accumulated depreciationTrucks $ 31,106 Land 47,000 Accounts payable 10,800 Interest

Account Title

Debit

Credit

Cash

$

6,800

Accounts receivable

26,000

Office supplies

7,205

Trucks

151,000

Accumulated depreciationTrucks

$

31,106

Land

47,000

Accounts payable

10,800

Interest payable

12,000

Long-term notes payable

38,000

Common stock

17,000

Retained earnings

149,867

Dividends

45,000

Trucking fees earned

128,000

Depreciation expenseTrucks

20,063

Salaries expense

61,439

Office supplies expense

11,000

Repairs expenseTrucks

11,266

Totals

$

386,773

$

386,773

Use the above adjusted trial balance to prepare Wilson Trucking Companys classified balance sheet as of December 31, 2017.

WILSON TRUCKING COMPANY

Balance Sheet

December 31, 2017

Assets

0

Liabilities

Equity

$0

$0

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