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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 trial
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 Debit $ 8,400 Credit Accounts receivable 17,900 office supplies 3,400 Trucks 176,000 Accumulated depreciation- $ Trucks 36,400 Land 89,000 Accounts payable 13,200 Interest payable 4,400 Long-term notes payable 60,000 Common stock 32,000 Retained earnings 142,000 Dividends 20,400 Trucking revenue 134,000 Depreciation expense-Trucks 23,900 Salaries expense 62,200 office supplies expense 8,400 Interest expense Totals 12,400 $ 422,000 422,000 Exercise 3-22 (Algo) Preparing a classified balance sheet LO C2 Prepare Wilson Trucking Company's classified balance sheet as of December 31. The Retained Earnings account balance was $142,000 at December 31 of the prior year. WILSON TRUCKING COMPANY Balance Sheet December 31
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