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The following is the adjusted trial balance of Wilson Trucking Company. Account Title Debit Credit Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts
The following is the adjusted trial balance of Wilson Trucking Company. Account Title Debit Credit Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable Common stock Retained earnings Dividends Trucking fees earned Depreciation expense-Trucks Salaries expense office supplies expense Repairs expense-Trucks Totals $ 8,000 17,500 3,000 172,000 ts 36,000 85,000 12,000 4,000 53,000 20,000 155,000 eBook 20,000 130,000 Hint 23,500 61,000 8,000 12,000 Print $410,000 $410,000 References The Retained Earnings account balance is $155,000 at December 31, 2016 (1) Prepare the income statement for the year ended December 31, 2017 (2) Prepare the statement of retained earnings for the year ended December 31, 2017 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the income statement for the year ended December 31, 2017. WILSON TRUCKING COMPANY Income Statement
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