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Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] The following adjusted trial balance

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Required information Use the following information for the Exercises below. [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 $ 8,000 17,500 3,000 172,000 Credit $ 36,000 85,000 12,000 Accounts payable Interest payable 4,000 Long-term notes payable 58,000 K. Wilson, Capital 170,000 K. Wilson, Withdrawals 20,000 Trucking revenue Depreciation expense-Trucks Salaries expense Office supplies expense 130,000 23,500 61,000 8,000 Interest expense 12,000 Totals $ 410,000 $ 410,000

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