Credit Debit $ 8,000 29, eee 6,930 168, eee $ 34,608 45, eee Account Title Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable Common stock Retained earnings Dividends Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense-Trucks Totals 12,000 16,000 56,000 -6,426 136,000 21,000 126,000 22,322 59,094 4,000 10,836 $374,182 $374,182 Use the above adjusted trial balance to prepare Wilson Trucking Company's classified balance sheet as of December 31 WILSON TRUCKING COMPANY Balance Sheet Prev 1 of 6 :: Next > Office supplies expense Repairs expense-Trucks Totals 4, ce 10,836 $374,182 $374,182 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 Current assets 5 Cash Accounts receivable Office supplies 8.000 29,000 6.930) $ 43.930 Total current assets Plant assets Trucks Accumulated depreciation-Trucks $ 188,000 34,608 Total plant assets Total assets 133.392 8,748 142.140 186,070 $ Liabilities Current liabilities Accounts payable Interest payable $ 12.000 16,000 28,000 Total current liabilities Long-term liabilities Long-term notes payable 50.000 Total liabilities 84.000 Equity Common stock Retained earings (6.420) 136,000 Total equity Total liabilities and equity 129,574 213,574 S