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Cash Accounts receivable. office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable K. Wilson, Capital K. Wilson, Withdrawals Trucking fees earned Depreciation expense-Trucks Salaries expense office supplies expense Repairs expense- Trucks Totals DEDIC $ 8,500 23,000 7,508 196,000 45,000 25,000 26,043 64,018 6,000 11,739 $ 412,808 $ 40,376 12,500 17,000 60,000 160,932 122,000 $ 412,808 Use the above adjusted trial balance to prepare Wilson Trucking Company's classified balance sheet as of December 31, 2017.

Cash Accounts receivable. office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable K. Wilson, Capital K. Wilson, Withdrawals Trucking fees earned Depreciation expense-Trucks Salaries expense office supplies expense Repairs expense- Trucks Totals DEDIC $ 8,500 23,000 7,508 196,000 45,000 25,000 26,043 64,018 6,000 11,739 $ 412,808 $ 40,376 12,500 17,000 60,000 160,932 122,000 $ 412,808 Use the above adjusted trial balance to prepare Wilson Trucking Company's classified balance sheet as of December 31, 2017.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Account Title Cashi Accounts receivable office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable K. Wilson, Capital K. Wilson, Withdrawals Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense- Trucks Totals Debit $ 8,500 23,000 7,508 196,000 45,000 25,000 26,043 64,018 6,000 11,739 $ 412,808 Credit $ 40,376 12,500 17,000 60,000 160,932 122,000 $ 412,808 Use the above adjusted trial balance to prepare Wilson Trucking Company's classified balance sheet as of December 31, 2017.
Transcribed Image Text:Account Title Cashi Accounts receivable office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable K. Wilson, Capital K. Wilson, Withdrawals Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense- Trucks Totals Debit $ 8,500 23,000 7,508 196,000 45,000 25,000 26,043 64,018 6,000 11,739 $ 412,808 Credit $ 40,376 12,500 17,000 60,000 160,932 122,000 $ 412,808 Use the above adjusted trial balance to prepare Wilson Trucking Company's classified balance sheet as of December 31, 2017.
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