7 Part 1 of 3 0 Required Information. [The following information applies to the questions displayed...

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7 Part 1 of 3 0 Required Information. [The following information applies to the questions displayed below] The following adjusted trial balance at December 31 of Wilson Trucking Company. credit Cash Accounts receivable. office supplies Trucks Accumulated depreciation-Trucks Account Title Land Accounts payable Interest payable Long-term notes payable K. Wilson, Capital K. Wilson, withdrawals Trucking revenue Depreciation expense-Trucks salaries expense office supplies expense Interest expense Totals Revenues Debit Expenses $ 0,300 17,800 3,300 175,000 $5,000 20,300 23,000 61,900 The K. Wilson, Capital account balance was $173,000 at December 31 of the prior year, and there were no owner investments during the year. Income Statement For Year Ended December 31 (1) Prepare the income statement for the year ended December 31. (2) Prepare the statement of owner's equity for the year ended December 31 Complete this question by entering your answers in the tabs below. Required Required 23 Prepare the income statement for the year ended December 31. WILSON TRUCKING COMPANY $ 16,300 12,900 4,300 $9,500 173,000 133,000 8,300 12,300 $ 419,000 $ 419,000 < Prev of 10 Mc The K. Wilson, Capital account balance was $173,000 at December 31 of the prior year, and there were no owner Investments during the year (1) Prepare the income statement for the year ended December 31. (2) Prepare the statement of owner's equity for the year ended December 31. Complete this question by entering your answers in the tabs below. Required 1 Required Prepare the statement of Required 2 the year ended December 31. WILSON TRUCKING COMPANY Statement of Owner's Equity For Year Ended December 31 K Wison, Capital, December 31 prior year Add Investments by owner K Wison, Capital, December 31 current year (LET < Required 1 < Pray 7 8 7 Part 1 of 3 0 Required Information. [The following information applies to the questions displayed below] The following adjusted trial balance at December 31 of Wilson Trucking Company. credit Cash Accounts receivable. office supplies Trucks Accumulated depreciation-Trucks Account Title Land Accounts payable Interest payable Long-term notes payable K. Wilson, Capital K. Wilson, withdrawals Trucking revenue Depreciation expense-Trucks salaries expense office supplies expense Interest expense Totals Revenues Debit Expenses $ 0,300 17,800 3,300 175,000 $5,000 20,300 23,000 61,900 The K. Wilson, Capital account balance was $173,000 at December 31 of the prior year, and there were no owner investments during the year. Income Statement For Year Ended December 31 (1) Prepare the income statement for the year ended December 31. (2) Prepare the statement of owner's equity for the year ended December 31 Complete this question by entering your answers in the tabs below. Required Required 23 Prepare the income statement for the year ended December 31. WILSON TRUCKING COMPANY $ 16,300 12,900 4,300 $9,500 173,000 133,000 8,300 12,300 $ 419,000 $ 419,000 < Prev of 10 Mc The K. Wilson, Capital account balance was $173,000 at December 31 of the prior year, and there were no owner Investments during the year (1) Prepare the income statement for the year ended December 31. (2) Prepare the statement of owner's equity for the year ended December 31. Complete this question by entering your answers in the tabs below. Required 1 Required Prepare the statement of Required 2 the year ended December 31. WILSON TRUCKING COMPANY Statement of Owner's Equity For Year Ended December 31 K Wison, Capital, December 31 prior year Add Investments by owner K Wison, Capital, December 31 current year (LET < Required 1 < Pray 7 8

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