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The following is the adjusted trial balance of Wilson Trucking Company Account Title Debit Credit Cash $ 9.689 Accounts receivable 16,500 Office supplies 2,000 Trucks

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The following is the adjusted trial balance of Wilson Trucking Company Account Title Debit Credit Cash $ 9.689 Accounts receivable 16,500 Office supplies 2,000 Trucks 153,000 Accumulated depreciation- Trucks $31,518 Land 75,000 Accounts payable 13.600 Interest payable 3,000 Long-term notes payable 52.000 K. Wilson, Capital 146,466 K. Wilson, Withdrawals 19,000 Trucking fees earned 121,000 Depreciation expense- 20.329 Trucks Salaries expense 56, 749 Office supplies expense 5, Repairs expense-Trucks 10,406 Totals 367,584 367,584 The K. Wilson, Capital account balance is $146,466 at December 31, 2016. () Prepare the income statement for the year ended December 31, 2017 (2) Prepare the statement of owner's equity for the year ended December 31, 2017 Complete this question by entering your answers in the tabs below. Required Reque Prepare the inco Required 2 or the year ended December 31, 2017. WILSON TRUCKING COMPANY Income Statement For Year Ended December 31, 2017 Revenues Expenses Required 2 > y Company Debit Credit Account Title Cash Accounts receivable Office supplies Trucks Accumulated depreciation- Trucks Land Accounts payable Interest payable Long-term notes payable K. Wilson, Capital K. Wilson, Withdrawals Trucking fees earned Depreciation expense- Trucks Salaries expense Office supplies expense Repairs expense-Trucks Totals $ 9,600 16,500 2,000 153,000 $31,518 75,000 13,600 3,000 52,000 146,466 19,000 121,000 20,329 56,749 5,000 19,406 367,584 367,584 The K. Wilson, Capital account balance is $146,466 at December 31, 2016. (1) Prepare the income statement for the year ended December 31, 2017 (2) Prepare the statement of owner's equity for the year ended December 31, 2017 Complete this question by entering your answers in the tabs below. Required Requited Prepare the statement of owner's equity for the year ended December 31, 2017 WILSON TRUCKING COMPANY Statement of Owner's Equity For Year Ended December 31, 2017 K. Wilson, Capital, December 31, 2016 K. Wilson, Capital, December 31, 2017

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