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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:
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 $ 8,600 Credit 18,100 $3,600 178,000 $ 36,600 91,000 13,800 Accounts payable Interest payable Long-term notes payable 4,600 61,000 Common stock 33,000 Retained earnings 143,000 Dividends 20,600 Trucking revenue 136,000 Depreciation expense-Trucks 24,100 Salaries expense 62,800 office supplies expense 8,600 Interest expense Totals 12,600 $428,000 $428,000 Prepare Wilson Trucking Company's classified balance sheet as of December 31. The Retained Earnings account balance was $143,000 at December 31 of the prior year
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