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The following information applies to the questions displayed below. The following is the adjusted year-end trial balance at December 31, 2018, of Wilson Trucking Company.
The following information applies to the questions displayed below. The following is the adjusted year-end trial balance at December 31, 2018, of Wilson Trucking Company. Account Title Debit Credit $8,908 17,500 2,480 172,000 Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable Common stock Retained earnings, December 31, 2017 Dividends Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense-Trucks Totals $ 36,000 65, 300 10,700 4,200 45,000 21,580 145,000 19,400 131,000 23,700 64,000 7,300 12,900 393,400 $393,400 (1) Prepare the income statement for the year ended December 31, 2018 (2) Prepare the statement of retained earnings for the year ended December 31, 2018 (3) Prepare its balance sheet as of December 31, 2018
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