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! Required information [The following information applies to the questions displayed below.] The following is the adjusted year-end trial balance at December 31, 2018, of

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! Required information [The following information applies to the questions displayed below.] The following is the adjusted year-end trial balance at December 31, 2018, of Wilson Trucking Company Account Title Debit Credit Cash $ 7,400 17,000 3,800 176,000 Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks $35,000 Land 76,900 Accounts payable Interest payable Long-term notes payable Common stock Retained earnings, December 31, 2017 Dividends Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense-Trucks 12,700 4,700 48,000 21,100 154,000 19,800 133,000 22,500 64,000 8,500 12,600 $408,500 $408,500 Totals (1) Prepare the income statement for the year ended December 31, 2018. (2) Prepare the statement of retained earnings for the year ended December 31, 2018. (3) Prepare its balance sheet as of December 31, 2018. Check Required information (3) Prepare its balance sheet as of December 31, 2018 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare the income statement for the year ended December 31, 2018. WILSON TRUCKING COMPANY Income Statement For Year Ended December 31, 2018 Revenues Expenses Total expenses Required Required 2 (1) Prepare the income statement for the year ended December 31, 2018 (2) Prepare the statement of retained earnings for the year ended December 31, 2018. (3) Prepare its balance sheet as of December 31, 2018. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare the statement of retained earnings for the year ended December 31, 2018. WILSON TRUCKING COMPANY Statement of Retained Earnings For Year Ended December 31, 2018 Retained earnings, December 31, 2017 Retained earnings, December 31, 2018 Required 1 Required 3 Check my work Required information Required 1 Required 2 Required 3 Prepare its balance sheet as of December 31, 2018. (Amounts to be deducted should be indicated by a minus sign WILSON TRUCKING COMPANY Balance Sheet December 31, 2018 Required 3> Required 2

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