Answered step by step
Verified Expert Solution
Question
1 Approved Answer
ok Notes payable Prepaid insurance Interest expense Accounts payable Wages payable Cash Wages expense Insurance expense Common stock Retained earnings Services revenue $ 25,000 Accumulated
ok Notes payable Prepaid insurance Interest expense Accounts payable Wages payable Cash Wages expense Insurance expense Common stock Retained earnings Services revenue $ 25,000 Accumulated depreciation-Buildings $ 29,000 3,900 Accounts receivable 6,800 780 Utilities expense 2,700 8,500 Interest payable 660 1,800 Unearned revenue 1,500 38,000 Supplies expense 480 8,900 Buildings 180,000 3,200 Dividends 10,000 21,200 Depreciation expense-Buildings 9,000 87,600 Supplies 1,500 90,000 1 ences Book 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 Hint Debit Credit $ 7,300 25,000 6, 710 192,000 $ 39,552 41,000 11, 300 17,000 61,000 12, 379 138,000 27,000 122,000 25,511 57, 218 9,000 10, 492 $401,231 $401, 231 Print erences Use the above adjusted trial balance to prepare Wilson Trucking Company's classified balance s WILSON TRUCKING COMPANY
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started