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Wilson Trucking, Incorporated reports these account balances at January 1, Year 2 (shown in alphabetical order): Accounts Payable $ 211,000 Accounts Receivable 191,000 Buildings 471,000
Wilson Trucking, Incorporated reports these account balances at January 1, Year 2 (shown in alphabetical order): Accounts Payable $ 211,000 Accounts Receivable 191,000 Buildings 471,000 Capital Stock 671,000 Cash 151,000 Equipment 311,000 Land 391,000 Notes Payable 511,000 Retained Earnings 122,000 On January 5, Year 2, Wilson Trucking collected $166,000 of its accounts receivable, paid $141,000 on its accounts payable, and paid $30,000 on its note payable. In a trial balance prepared on January 6, Year 2, the total of the credit column is: Multiple Choice $1,515,000. $1,344,000. $1,374,000. $1,686,000
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