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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 Office supplies Trucks Accumulated depreciation-Trucks Land Debit $ 9,200 Credit 18,700 4,200 184,000 $ 37,200 97,000 Accounts payable Interest payable Long-term notes payable 15,600 5,200 64,000 K. Wilson, Capital 182,000 K. Wilson, Withdrawals 21,200 Trucking revenue 142,000) Depreciation expense-Trucks 24,700 Salaries expense 64,600 office supplies expense. 9,200 Interest expense Totals 13,200 $446,000 $ 446,000 The K. Wilson, Capital account balance was $182,000 at December 31 of the prior year, and there were no owner investments during the year. (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. 4 Required 1 Required 2 Prepare the income statement for the year ended December 31. WILSON TRUCKING COMPANY Income Statement 9 < Prev 67 of 9 Next >
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