The following adjusted trial balance at December 31 of Wilson Trucking Company Credit Debit $ 8,000 17,500 3,000 172,000 $ 36,000 85,000 Account Title Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable Common stock Retained earnings Dividenda Trucking revenue Depreciation expense Trucks Salaries expense Office supplies expense Interest expense Totals 12,000 4,000 58,000 30,000 140,000 20,000 130,000 23,500 61,000 8,000 12,000 $ 410,000 $ 410,000 Prepare the closing entries for the year ended December 31. The Retained Earnings account balance was $140,000 at December 31 of the prior year. View transaction list Journal entry worksheet