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Wilson Trucking, Incorporated reports these account balances at January 1, Year 2 (shown in alphabetical order): Accounts Payable $ 227,000 Accounts Receivable 207,000 Buildings 487,000
Wilson Trucking, Incorporated reports these account balances at January 1, Year 2 (shown in alphabetical order): Accounts Payable $ 227,000 Accounts Receivable 207,000 Buildings 487,000 Capital Stock 687,000 Cash 167,000 Equipment 327,000 Land 407,000 Notes Payable 527,000 Retained Earnings 154,000 On January 5, Year 2, Wilson Trucking collected $182,000 of its accounts receivable, paid $157,000 on its accounts payable, and paid $18,000 on its note payable. In a trial balance prepared for Wilson Trucking on January 6, Year 2, the total of the debit column is: Multiple Choice $1,608,000. $1,420,000. $1,648,000. $3,190,000
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