Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable Common stock Retained earnings, December 31, 2017 17,500 3,900 179,000 82,200 $ 41,000 12,300 3,700 61,000 20,600 151,000
Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable Common stock Retained earnings, December 31, 2017 17,500 3,900 179,000 82,200 $ 41,000 12,300 3,700 61,000 20,600 151,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Don't provide answer in image format
![The following is the adjusted year-end trial balance at December 31, 2018, of Wilson Trucking Company.
Debit
$ 7,300
17,500
3,900
179,000
82,200
Account Title
Cash
Accounts receivable
Office supplies
Trucks
Accumulated depreciation-Trucks
Land
Accounts payable
Interest payable
Long-term notes payable
Common stock
Retained earnings, December 31, 2017
Dividends
Trucking fees earned
Depreciation expense-Trucks
Salaries expense
Office supplies expense
Repairs expense-Trucks
Totals
WILSON TRUCKING COMPANY
Balance Sheet
December 31, 2018
Assets
Liabilities
Equity
Use the above adjusted trial balance to prepare Wilson Trucking Company's classified balance sheet as of December 31, 2018.
$
$
Credit
0
$ 41,000
19,000
22,600
68,000
8,200
12,900
$420,600 $420,600
0
0
12,300
3,700
61,000
20,600
151,000
131,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4e3afbcb-a454-4751-9275-c49b72ca8762%2F8eb776ba-aa28-430d-b6cc-16c4cc2ff311%2F64ym18j_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The following is the adjusted year-end trial balance at December 31, 2018, of Wilson Trucking Company.
Debit
$ 7,300
17,500
3,900
179,000
82,200
Account Title
Cash
Accounts receivable
Office supplies
Trucks
Accumulated depreciation-Trucks
Land
Accounts payable
Interest payable
Long-term notes payable
Common stock
Retained earnings, December 31, 2017
Dividends
Trucking fees earned
Depreciation expense-Trucks
Salaries expense
Office supplies expense
Repairs expense-Trucks
Totals
WILSON TRUCKING COMPANY
Balance Sheet
December 31, 2018
Assets
Liabilities
Equity
Use the above adjusted trial balance to prepare Wilson Trucking Company's classified balance sheet as of December 31, 2018.
$
$
Credit
0
$ 41,000
19,000
22,600
68,000
8,200
12,900
$420,600 $420,600
0
0
12,300
3,700
61,000
20,600
151,000
131,000
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