Exercise 3-12 Preparing a classified balance sheet LO C3 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 Debit Credit $ 6,500 24,500 7,343 193,000 $ 39,758 49,000 10,500 8,000 57,000 41,821 139,000 20,000 122,000 25,644 62,611 18,000 11,481 $418,079 $418,079 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