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Part 2 of 3 Required information [The following information applies to the questions displayed below. The following adjusted trial balance at December 31 of
Part 2 of 3 Required information [The following information applies to the questions displayed below. The following adjusted trial balance at December 31 of Wilson Trucking Company. S points eBook Hint References Mc Graw Hill Account Title Cash Debit. $8,800 Credit Accounts receivable 18,300 office supplies 3,800 Trucks 180,000 Accumulated depreciation-Trucks $ 36,800 Land 93,000 Accounts payable 14,400 Interest payable 4,800 Long-tern notes payable. 62,000 K. Wilson, Capital 178,000 K. Wilson, Withdrawals 20,800 Trucking revenue 138,000 Depreciation expense-Trucks 24,300 Salaries expense 63,400 Office supplies expense 8,800 Interest expense 12,800 Totals $434,000 $434,000 The K. Wilson, Capital account balance was $178.000 at December 31 of the prior year, and there were no owner investments during the year. < Prev 34 of 4 Next > 3 Part 2 of 3 Required information (1) Prepare the income statement for the year ended December 31 (2) Prepare the statement of owner's equity for the year ended December 31. Complete this question by entering your answers in the tabs below. 5 points Required 1 Required 2 eBook Hint References Prepare the income statement for the year ended December 31. WILSON TRUCKING COMPANY Income Statement For Year Ended December 31 Mc Graw Hill Revenues Expenses < Prev 3 4 of 4 Next > Check my work 3 Required information Required 1 Required 2 Part 2 of 3 5 points Prepare the income statement for the year ended December 31. WILSON TRUCKING COMPANY Income Statement For Year Ended December 31 eBook Revenues Hint Expenses References Total expenses 8 Navt Check my work Connect Humework 31 3 Required information Part 2 of 3 Required 1 Required 2 5 points Saved Help Save & Exit Submit Book HIM Prepare the statement of owner's equity for the year ended December 31. WILSON TRUCKING COMPANY Statement of Owner's Equity For Year Ended December 31 K. Wilson, Capital, December 31 prior year Add: Investments by owner References K. Wilson, Capital, December 31 current year 0 Check my work
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