N Part 2 of 3 Hint Required information [The following information applies to the questions displayed...
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N Part 2 of 3 Hint Required information [The following information applies to the questions displayed below.] The following adjusted trial balance at December 31 of Wilson Trucking Company. Account Title Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Debit $ 8,000 17,500 3,000 172,000 Credit $ 36,000 85,000 Accounts payable. 12,000 Interest payable 4,000 Long-term notes payable. 58,000 K. Wilson, Capital 170,000 K. Wilson, Withdrawals 20,000 Trucking revenue 130,000 Depreciation expense-Trucks 23,500 Salaries expense 61,000 Office supplies expense 8,000 Interest expense 12,000 Totals $410,000 $410,000 Prepare Wilson Trucking Company's classified balance sheet as of December 31. WILSON TRUCKING COMPANY Balance Sheet December 31 2 Part 2 of 3 Hint Required information. WILSON TRUCKING COMPANY Balance Sheet December 31 Assets Total assets Liabilities 2 Required information Part 2 of 3 Total assets Liabilities Hint Total liabilities Total liabilities and equity Equity N Part 2 of 3 Hint Required information [The following information applies to the questions displayed below.] The following adjusted trial balance at December 31 of Wilson Trucking Company. Account Title Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Debit $ 8,000 17,500 3,000 172,000 Credit $ 36,000 85,000 Accounts payable. 12,000 Interest payable 4,000 Long-term notes payable. 58,000 K. Wilson, Capital 170,000 K. Wilson, Withdrawals 20,000 Trucking revenue 130,000 Depreciation expense-Trucks 23,500 Salaries expense 61,000 Office supplies expense 8,000 Interest expense 12,000 Totals $410,000 $410,000 Prepare Wilson Trucking Company's classified balance sheet as of December 31. WILSON TRUCKING COMPANY Balance Sheet December 31 2 Part 2 of 3 Hint Required information. WILSON TRUCKING COMPANY Balance Sheet December 31 Assets Total assets Liabilities 2 Required information Part 2 of 3 Total assets Liabilities Hint Total liabilities Total liabilities and equity Equity
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