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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 balance

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 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 Interest expense Totals Debit $ 8,500 18,000 3,500 177,000 90,000 20,500 24,000 62,500 8,500 12,500 $ 425,000 Credit $ 36,500 13,500 4,500 60,500 32,500 142,500 135,000 $ 425,000
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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 balance at December 31 of Wilson Trucking Compan Prepare Wilson Trucking Company's classified balance sheet as of December 31 . The Retained Earnings account balance was $142,500 at December 31 of the prior year. (1) Required information

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