Account Title Cash Accounts receivable office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable Common stock Retained earnings Dividends Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense-Trucks Totals Current assets Cash Accounts receivable Office supplies Total current assets Plant assets Trucks $ Debit 8,000 27,000 7,398 171,000 >> 44,000 35,000 Use the above adjusted trial balance to prepare Wilson Trucking Company's classified Credit $ 35,226 WILSON TRUCKING COMPANY Balance Sheet December 31 Assets 12,000 6,000 61,000 20.540 139,000 22,721 63,080 9,000 11,567 $398,766 $398,766 125,000 Answer is not complete. 171,000 $ $ 8.000 27,000 7,398 42,398
Account Title Cash Accounts receivable office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable Common stock Retained earnings Dividends Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense-Trucks Totals Current assets Cash Accounts receivable Office supplies Total current assets Plant assets Trucks $ Debit 8,000 27,000 7,398 171,000 >> 44,000 35,000 Use the above adjusted trial balance to prepare Wilson Trucking Company's classified Credit $ 35,226 WILSON TRUCKING COMPANY Balance Sheet December 31 Assets 12,000 6,000 61,000 20.540 139,000 22,721 63,080 9,000 11,567 $398,766 $398,766 125,000 Answer is not complete. 171,000 $ $ 8.000 27,000 7,398 42,398
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
s
![Account Title
Cash
Accounts receivable
Office supplies
Trucks
Accumulated depreciation-Trucks
Land
Accounts payable
Interest payable
Long-term notes payable
Common stock
Retained earnings
Dividends
Trucking fees earned
Depreciation expense-Trucks
Salaries expense
Office supplies expense
Repairs expense-Trucks
Totals
Current assets
Cash
Accounts receivable
Office supplies
$
Total current assets
Plant assets
Trucks
Debit
8,000
27,000
7,398
171,000
44,000
35,000
Credit
$ 35,226
Use the above adjusted trial balance to prepare Wilson Trucking Company's classified
WILSON TRUCKING COMPANY
Balance Sheet
December 31
Assets
12,000
6,000
61,000
20,540
139,000
22,721
63,080
9,000
11,567
$398,766 $398,766
125,000
$ 171,000
Answer is not complete.
$
$
8.000
27.000
7.398
42,398
Parine](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0fd05bf1-8454-4b2f-8ab5-f778458ac8db%2Ffccc1d9a-1a5d-448c-9e7f-f46a33d374db%2F8mellgs_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Account Title
Cash
Accounts receivable
Office supplies
Trucks
Accumulated depreciation-Trucks
Land
Accounts payable
Interest payable
Long-term notes payable
Common stock
Retained earnings
Dividends
Trucking fees earned
Depreciation expense-Trucks
Salaries expense
Office supplies expense
Repairs expense-Trucks
Totals
Current assets
Cash
Accounts receivable
Office supplies
$
Total current assets
Plant assets
Trucks
Debit
8,000
27,000
7,398
171,000
44,000
35,000
Credit
$ 35,226
Use the above adjusted trial balance to prepare Wilson Trucking Company's classified
WILSON TRUCKING COMPANY
Balance Sheet
December 31
Assets
12,000
6,000
61,000
20,540
139,000
22,721
63,080
9,000
11,567
$398,766 $398,766
125,000
$ 171,000
Answer is not complete.
$
$
8.000
27.000
7.398
42,398
Parine
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