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Question no. 2: - Following is the adjusted trial balance of Wagdy Trucking Company at December 31, 2019. ADJUSTED TRIAL BALANCE Wagdy Trucking Company As

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Question no. 2: - Following is the adjusted trial balance of Wagdy Trucking Company at December 31, 2019. ADJUSTED TRIAL BALANCE Wagdy Trucking Company As on December 31", 2019 Account Title Debit Credit Cash $ 8,000 Accounts receivable 17.500 3,000 Office supplies 172,000 $ 36,000 85,000 12,000 4,000 53,000 175,000 Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable K. Wagdy, Capital K. Wagdy, Withdrawals Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expenseTrucks Totals 20,000 130,000 23.500 61,000 8,000 12,000 $410,000 $410,000 REQUIRED:- (1) Prepare the December 31, 2019, closing entries for Wagdy Trucking Company (2) Prepare the December 31, 2019, post-closing trial balance for Wagdy Trucking Company. (3) Make Income Statement, Statement of Owner's equity and Balance Sheet from the above trial balance

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