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Use the following adjusted trial balance of Hanson Trucking Company to prepare a classified balance sheet as of December 31, 2023. Account Title Debit Credit

Use the following adjusted trial balance of Hanson Trucking Company to prepare a classified balance sheet as of December 31, 2023.

Account Title Debit Credit
Cash $ 13,300
Accounts receivable 29,900
Office supplies 3,400
Trucks 173,000
Accumulated depreciation, trucks $ 46,300
Land 278,000
Accounts payable 31,300
Interest payable 430
Long-term notes payable (due in 4 years) 155,000
Stanley Hanson, capital 209,170
Stanley Hanson, withdrawals 19,300
Trucking revenue 171,000
Depreciation expense, trucks 22,800
Salaries expense 59,500
Office supplies expense 6,800
Repairs expense, trucks 7,200
Total $ 613,200 $ 613,200

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