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! Required information Use the following information for Exercises 17-18 below. (Algo) (The following information applies to the questions displayed below.) The following adjusted year-end

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! Required information Use the following information for Exercises 17-18 below. (Algo) (The following information applies to the questions displayed below.) The following adjusted year-end trial balance at December 31 of Wilson Trucking Company Account Title Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable Common stock Retained earnings Dividends Trucking revenue Depreciation expense-Trucks Salaries expense office supplies expense Repairs expense-Trucks Totals Debit Credit $ 8,100 16,500 2,000 183,000 $ 37,698 75,000 12,100 3,000 52,000 30, 207 138,000 19,000 138,000 24,315 64,722 6,500 11,868 $411,005 9411,005 Required information Exercise 3-18 (Algo) Preparing a classified balance sheet LO C2 Use the above adjusted trial balance to prepare Wilson Trucking Company's classified balance sheet as of December 31. The Retained Earnings account balance was $138,000 at December 31 of the prior year. WILSON TRUCKING COMPANY Balance Sheet December 31 Assets 0 Liabilities Equity Total equity $ 0

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