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Credit Debit $ 8,400 23,000 7,178 162,000 $ 33,372 48,000 Account Title Cash Accounts receivable office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable

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Credit Debit $ 8,400 23,000 7,178 162,000 $ 33,372 48,000 Account Title Cash Accounts receivable office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable Common stock Retained earnings Dividends Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense-Trucks Totals 12,400 4,000 43,000 21,759 137,000 19,000 125,000 21,525 61,205 15,000 11,223 $376,531 $376,531 Use the above adjusted trial balance to prepare Wilson Trucking Company's classified balance sheet as of Decem WILSON TRUCKING COMPANY Balance Sheet December 31 Assets WILSON TRUCKING COMPANY Balance Sheet December 31 Assets Current assets Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Total current assets 8,400 23.000 7,178 38,578 0 Liabilities Current liabilities 0 Liabilities Current liabilities Equity Common stock Retained earnings Total equity

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