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! Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] The following adjusted
! Required information Use the following information for the Exercises below. (Algo) [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 $ 9,500 19,000 Credit Office supplies 4,500 Trucks 187,000 Accumulated depreciation-Trucks $ 37,500 Land 100,000 Accounts payable 16,500 Interest payable 5,500 Long-term notes payable 65,500 Common stock 37,500 Retained earnings 147,500 Dividends 21,500 Trucking revenue 145,000 Depreciation expense-Trucks Salaries expense Office supplies expense Interest expense Totals $ 455,000 $455,000 25,000 65,500 9,500 13,500
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