Wilson Trucking, adjusted trial balance at December

Please complete the closing entries for the year ended December 31.

Account Title	Debit	Credit
Cash	$ 8,000
Accounts receivable	17,500
Office supplies	3,000
Trucks	172,000
Accumulated depreciationTrucks		$ 36,000
Land	85,000
Accounts payable		12,000
Interest payable		4,000
Long-term notes payable		58,000
K. Wilson, Capital		170,000
K. Wilson, Withdrawals	20,000
Trucking revenue		130,000
Depreciation expenseTrucks	23,500
Salaries expense	61,000
Office supplies expense	8,000
Interest expense	12,000
Totals	$ 410,000	$ 410,000

rev: 05_12_2021_QC_CS-249618