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Cash $ 9,000 Accounts receivable 21,000 Office supplies 7,728 Trucks 198,000 Accumulated depreciationTrucks $ 40,788 Land 42,000 Accounts payable 13,000 Interest payable 16,000 Long-term notes
Cash $ 9,000 Accounts receivable 21,000 Office supplies 7,728 Trucks 198,000 Accumulated depreciationTrucks $ 40,788 Land 42,000 Accounts payable 13,000 Interest payable 16,000 Long-term notes payable 65,000 Common stock 15,000 Retained earnings 142,226 Dividends 24,000 Trucking fees earned 129,000 Depreciation expenseTrucks 26,308 Salaries expense 65,895 Office supplies expense 15,000 Repairs expenseTrucks 12,083 Totals $ 421,014 $ 421,014 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
Cash $ 9,000
Accounts receivable 21,000
Office supplies 7,728
Trucks 198,000
Accumulated depreciationTrucks $ 40,788
Land 42,000
Accounts payable 13,000
Interest payable 16,000
Long-term notes payable 65,000
Common stock 15,000
Retained earnings 142,226
Dividends 24,000
Trucking fees earned 129,000
Depreciation expenseTrucks 26,308
Salaries expense 65,895
Office supplies expense 15,000
Repairs expenseTrucks 12,083
Totals $ 421,014 $ 421,014
Use the above adjusted trial balance to prepare Wilson Trucking Companys classified balance sheet as of December 31, 2017.
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Traveling Consultants Guide To Auditing UNIX
Authors: Mark Adams
1st Edition
1105616398, 978-1105616396
