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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

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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 $ 5,900 27,500 7,673 159,000 $ 32,754 47,000 9,900 15,000 49,000 5,467 135,500 23,000 125,000 21,126 65,425 4,000 11,997 $372,621 $372,621 Use the above adjusted trial balance to prepare Wilson Trucking Company's classified balance sheet as of December 31. 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 0 Liabilities Equity Total equity 0 S 0

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