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Exercises com Help 8 Save & Exit Submit The following adjusted year-end trial balance at December 31 of Wilson Trucking Company Check my work 5

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Exercises com Help 8 Save & Exit Submit The following adjusted year-end trial balance at December 31 of Wilson Trucking Company Check my work 5 pints Credit eBook Hint 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 $ 8.000 17,500 3,000 172,000 $ 36,000 85,000 12,800 4.800 58,888 15,000 155,000 20,000 130,000 23,500 61,000 8,000 12,000 $410,000 $410,000 Print rences The Retained Earnings account balance was $155.000 at December 31 of the prior year. (1) Prepare the income statement for the year ended December 31 (2) Prepare the statement of retained earnings for the year ended December 31. 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. WILSON TRUCKING COMPANY Income Statement BRE Prev 8 of 8 Next

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