Exercise 4-12 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 K. Wilson, Capital K. Wilson, Withdrawals Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense-Trucks Totals Debit Credit $ 8,500 20,000 7,755 188,000 $ 38,728 42,000 12,500 16,000 36,000 176,262 24,000 122,000 24,980 66,129 8,000 12,126 $ 401,490 $ 401,490 Use the above adjusted trial balance to prepare Wilson Trucking Company's classified balance sheet as of December 31, 2017 WILSON TRUCKING COMPANY Balance Sheet December 31, 2017 Assets Liabilities Equity