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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.

image text in transcribed

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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