This is my third time sending this question please make the answer as clear as possible and look like the columns and there titles below thank you for your hard work and patien
This is my third time sending this question please make the answer as clear as possible and look like the columns and there titles below thank you for your hard work and patien
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
This is my third time sending this question please make the answer as clear as possible and look like the columns and there titles below thank you for your hard work and patience!

Transcribed Image Text:Exercise 3-12 Preparlng a classifled balance sheet LO C3
Account Title
Debit
Credit
Cash
$ 6,409
14,000
6, 765
167,809
Accounts receivable
Office supplies
Trucks
Accumulated depreciation-Trucks
Land
5 34,482
41,800
Accounts payable
Interest payable
Long-term notes payable
Common stock
Retained earnings
Dividends
18,400
11,080
52,080
4,317
135,50e
26,000
Trucking fees earned
Depreciation expense-Trucks
Salaries expense
office supplies expense
Repairs expense-Trucks
120, 000
22,189
57,687
16, 809
10,578
$367,619 $367,619
Totals
Use the above adjusted trial balance to prepare Wilson Trucking Company's classified balance sheet as of December 31.
WILSON TRUCKING COMPANY
Balance Sheet
December 31
Assets

Transcribed Image Text:mla format heading... Untitled document..
OPsych Unit 8 Group...
ork 0
Kepairs expense-irucKs
18,578
Totals
$367,619 $367,619
Use the above adjusted trial balance to prepare Wilson Trucking Company's classified balance sheet as of December 31.
WILSON TRUCKING COMPANY
Balance Sheet
December 31
Assets
Liabilities
Equity
Total equity
Expert Solution

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