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Exercise 3-9 Preparing a classified balance sheet LO C3 Credit Debit $9,888 24,280 8,030 172,00 $ 35,432 43,000 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 13,800 6, eee 30, Bee 16,eee 185,482 41,080 121, eee 22,854 68,474 6,080 12,556 $407,714 $497,714 Use the above adjusted trial balance to prepare Wilson Trucking Company's classif WILSON TRUCKING COMPANY Balance Sheet December 31, 2017 Assets Current assets Cash Accounts receivable Office supplies Is OOO 9.800 24.000 8.030 OOO S 41.830 Total current assets Plant assets Trucks Accumulated depreciation- Trucks Land s 172.000 35.432 138,568 Total plant assets Total assets 43.000 179,568 221.398 s Liabilities Current liabilities Accounts payable Interest payable $ 13.800 6.000 19.800 Total current liabilities Long-term liabilities Long-term notes payable . 30.000 Total liabilities 49.800 Equity 16.000 Common stock Retained earnings X Total equity s 16.000 Total liabilities and equity S 65.800 "Red text indicates no response was expected in a cell or a formula-based calculation incorrect; no points deducted