Cash Account Title Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Debit $ 8,600 18,100 Credit 3,600 178,000 $ 36,600 91,000 13,800 Accounts payable Interest payable 4,600 Long-term notes payable 61,000 K. Wilson, Capital 176,000 K. Wilson, Withdrawals 20,600 Trucking revenue Depreciation expense-Trucks Salaries expense Office supplies expense Interest expense Totals 8,600 12,600 $ 428,000 136,000 24,100 62,800 $ 428,000 WILSON TRUCKING COMPANY Balance Sheet December 31 Assets Total assets Liabilities Total liabilities Equity Total liabilities and equity