20 Exercise 3-12 Preparing a classified balance sheet LO 12 DOWER 02:50:02 Cash Account Title Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Debit $ 6,000 26,000 Credit 7,000 167,000 $34,200 85,000 11,000 Interest payable Long-term notes payable 3,000 63,000 Common stock 15,000 Retained earnings 143,600 Dividends 20,000 Trucking fees earned 135,000 Depreciation expense-Trucks 22,200 Salaries expense 52,700 office supplies expense - 9,000 Hom Repairs expense-Trucks 9,900 $404,800 5404,800 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