Debit Credit 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 $ 3,500 27,000 6,700 176,000 $ 36,100 85,000 8,000 4,000 55,000 13,000 161,500 18,000 127,000 23,500 50,400 5,000 9,500 $404,600 $404,600 Totals Use 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 Liabilities Equity Total equity