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The following is the adjusted year-end trial balance at December 31, 2018, of Wilson Trucking Company. Account Title Debit Credit Cash $ 8,000 Accounts receivable

The following is the adjusted year-end trial balance at December 31, 2018, of Wilson Trucking Company.


Account TitleDebit
Credit
Cash$8,000



Accounts receivable
17,500



Office supplies
3,000



Trucks
172,000



Accumulated depreciation—Trucks


$36,000
Land
85,000



Accounts payable



12,000
Interest payable



4,000
Long-term notes payable



53,000
Common stock



20,000
Retained earnings, December 31, 2017



155,000
Dividends
20,000



Trucking fees earned



130,000
Depreciation expense—Trucks
23,500



Salaries expense
61,000



Office supplies expense
8,000



Repairs expense—Trucks
12,000



Totals$410,000
$410,000


Required information Use the following information for the Exercises below. [The following information applies to the questio

Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] The following is the adjusted year-end trial balance at December 31, 2018, of Wilson Trucking Company. Account Title Debit Credit $ 8,000 17,500 3,000 172,000 Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks $ 36,000 Land 85,000 Accounts payable Interest payable Long-term notes payable 12,000 4,000 53,000 20,000 Common stock Retained earnings, December 31, 2017 Dividends 155,000 20,000 Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense-Trucks 130,000 23,500 61,000 8,000 12,000 Totals $410,000 $410,000

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