exercise 3-7 Preparing financial statements LO P3

Week 4: After-Class Assignment w Exercise 3-7 Preparing financial statements LO P3 The following is the adjusted trial balance of Wilson Trucking Company. Debit 9,2ee 16, See $ 35, eze Jo no 19 to 1" Cash Accounts receivable office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-tere notes payable Common stock Retained earnings Dividends Trucking Tees earned Depreciation expense Trucks salaries expense office supplies expense Repairs expense Trucks Totats $390,00 $390,001 The Retained Earnings account balance is $153.281 st December 31, 2016. (1) Prepare the income statement for the year ended December 31, 2017 (2) Prepare the statement of retained earnings for the year ended December 31, 2017 Complete this question by entering your answers in the tabs below. Prepare the income statement for the year ended December 31 2017 WILSON TRUCKING COMPANY Week 4: After-Class Assignment i The Retained Earnings account balance is $153,281 at December 31, 2016. (1) Prepare the income statement for the year ended December 31, 2017 (2) Prepare the statement of retained earnings for the year ended December 31, 2017 points Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the income statement for the year ended December 31, 2017. WILSON TRUCKING COMPAN Income Statement For Year Ended December 31, 2017 Revenues Required 2 > USS Assignment Office Supplies expense Repairs expense Trucks Totals The Retained Earnings account balance is $153,281 at December 31, 2016. (1) Prepare the income statement for the year ended December 31, 2017 (2) Prepare the statement of retained earnings for the year ended December 31, 2017 Complete this question by entering your answers in the tabs below. Required 2 l epare the statement of retained earnings for the year ended December 31, 2017 { og WILSON TRUCKING COMPANY Statement of Retained Earnings For Year Ended December 31, 2017 Retained earnings, December 31, 2016 Retained esmings. December 31, 2017 Required