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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
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 Debit $ 8,200 17,700 .Credit Office supplies Trucks Land 3,200 174,000 Accumulated depreciation-Trucks $ 36,200 87,000 Accounts payable 12,600 Interest payable 4,200 Long-term notes payable 59,000 K. Wilson, Capital 172,000 K. Wilson, Withdrawals 20,200 Trucking revenue Salaries expense Office supplies expense Interest expense Totals 132,000 Depreciation expense-Trucks 23,700 61,600 8,200 12,200 $ 416,000 $ 416,000 Prepare Wilson Trucking Company's classified balance sheet as of December 31. Prepare Wilson Trucking Company's classified balance sheet as of December 31. Current assets Total current assets Land Total assets WILSON TRUCKING COMPANY Balance Sheet December 31 Assets 0 ! Required information Current liabilities Total current liabilities Liabilities Total liabilities Equity Total liabilities and equity
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