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Use the above adjusted trial balance to prepare Wilson Trucking Companys classified balance sheet as of December 31, 2017. Cash $ 5,900 Accounts receivable 27,500
Use the above adjusted trial balance to prepare Wilson Trucking Companys classified balance sheet as of December 31, 2017.
Cash | $ | 5,900 | ||||
Accounts receivable | 27,500 | |||||
Office supplies | 7,590 | |||||
Trucks | 196,000 | |||||
Accumulated depreciationTrucks | $ | 40,376 | ||||
Land | 48,000 | |||||
Accounts payable | 9,900 | |||||
Interest payable | 7,000 | |||||
Long-term notes payable | 63,000 | |||||
Common stock | 15,000 | |||||
Retained earnings | 172,347 | |||||
Dividends | 29,000 | |||||
Trucking fees earned | 126,000 | |||||
Depreciation expenseTrucks | 26,043 | |||||
Salaries expense | 64,722 | |||||
Office supplies expense | 17,000 | |||||
Repairs expenseTrucks | 11,868 | |||||
Totals | $ | 433,623 | $ | 433,623 | ||
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