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The following is the adjusted trial balance of Wilson Trucking Company. Account Title Cash Accounts receivable office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest
The following is the adjusted trial balance of Wilson Trucking Company. 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 Debit Credit $ 5,100 16,500 2,000 182,000 $ 37,492 75,000 9,100 3,000 52,000 174,845 19,000 121,000 24,182 56, 749 6,500 10,406 $ 397,437 $ 397,437 The K. Wilson, Capital account balance is $174,845 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 HE Required 1 Required 2 Prepare the income statement for the year ended December 31, 2017 WILSON TRUCKING COMPANY Income Statement For Year Ended December 31, 2017 Revenues es Expenses Total expenses 0 0 Required 2 > Check my w (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 1 Required 2 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 0 $ 0 K. Wilson, Capital, December 31, 2017
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