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Account Title Debit Credit Cash $ 8,100 Accounts receivable 27,500 Office supplies 8,030 Trucks 163,000 Accumulated depreciationTrucks $ 33,578 Land 47,000 Accounts payable 12,100 Interest
Account Title | Debit | Credit | ||||
Cash | $ | 8,100 | ||||
Accounts receivable | 27,500 | |||||
Office supplies | 8,030 | |||||
Trucks | 163,000 | |||||
Accumulated depreciationTrucks | $ | 33,578 | ||||
Land | 47,000 | |||||
Accounts payable | 12,100 | |||||
Interest payable | 2,000 | |||||
Long-term notes payable | 39,000 | |||||
Common stock | 38,640 | |||||
Retained earnings | 137,000 | |||||
Dividends | 27,000 | |||||
Trucking fees earned | 130,000 | |||||
Depreciation expenseTrucks | 21,658 | |||||
Salaries expense | 68,474 | |||||
Office supplies expense | 9,000 | |||||
Repairs expenseTrucks | 12,556 | |||||
Totals | $ | 392,318 | $ | 392,318 | ||
Use the above adjusted trial balance to prepare Wilson Trucking Companys classified balance sheet as of December 31.
Jse 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 Liabilities Humom. Til mm Equity
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