The following adjusted trial balance at December 31 of Wilson Trucking Company. Account Title Debit Credit Cash $ 9,700 Accounts receivable 19,200 Office supplies 4,700 Trucks 189,000 Accumulated depreciation-Trucks $ 37,700 Land 102,000 Accounts payable 17,100 Interest payable 5,700 Long-term notes payable 66,500 K. Wilson, Capital 187,000 K. Wilson, Withdrawals 21,700 Trucking revenue 147,000 Depreciation expense-Trucks 25,200 Salaries expense 66,100 Office supplies expense 9,700 Interest expense 13,700 Totals $ 461,000 $461,000 Prepare Wilson Trucking Company's classified balance sheet as of December 31.

The following adjusted trial balance at December 31 of Wilson Trucking Company. Account Title Debit Credit Cash $ 9,700 Accounts receivable 19,200 Office supplies 4,700 Trucks 189,000 Accumulated depreciation-Trucks $ 37,700 Land 102,000 Accounts payable 17,100 Interest payable 5,700 Long-term notes payable 66,500 K. Wilson, Capital 187,000 K. Wilson, Withdrawals 21,700 Trucking revenue 147,000 Depreciation expense-Trucks 25,200 Salaries expense 66,100 Office supplies expense 9,700 Interest expense 13,700 Totals $ 461,000 $461,000 Prepare Wilson Trucking Company's classified balance sheet as of December 31.

Name: The following adjusted trial balance at December 31 of Wilson Truckin
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Description: The following adjusted trial balance at December 31 of Wilson Trucking Company. Account Title Debit Credit Cash $ 9,700Accounts receivable 19,200 Office supplies 4,700 Trucks 189,000 Accumulated depreciation-Trucks $ 37,700 Land 102,000Accounts paya

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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