Question: Exercise 4-12 Preparing a classified balance sheet LO C3 Account Title Debit Credit Cash $ 5,900 Accounts receivable 16,500 Office supplies 7,920 Trucks 173,000 Mecumulated

Exercise 4-12 Preparing a classified balance sheet LO C3 Account Title Debit Credit Cash $ 5,900 Accounts receivable 16,500 Office supplies 7,920 Trucks 173,000 Mecumulated depreciation Trucks $ 35,638 Land 47,000 Accounts payable 9,900 Interest payable Long-term notes payable 63,000 x. Wilson, Capital 142,689 x. Wilson, Withdrawals 28,000 Trucking fees earned 129,000 Depreciation expense- 22,987 Trucks Salaries expense 67,536 office supplies expense 8,000 Repairs expense Trucks 12,384 Totals $389,227 $389.227 Use the above adjusted trial balance to prepare Wilson Trucking Company's classified balance sheet as of December 31, 2017 WILSON TRUCKING COMPANY Balance Sheet December 31, 2017 Assets HUHE
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
