Question: Use the information in the adjusted trial balance reported in Exercise 4-11 to prepare Wilson Trucking Company's classified balance sheet as of December 31, 2017.
Use the information in the adjusted trial balance reported in Exercise 4-11 to prepare Wilson Trucking Company's classified balance sheet as of December 31, 2017.
In Exercise 4-11
In Exercise 4-11
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Account Title Deblit Credit $ 8,000 17,500 3,000 172,000 Accounts receivable S 36,000 Accumulated depreciation-Trucks Land. Accounts payable Interest payable Long-term notes payable K. Wilson, Capital K. Wilson, Withdrawals Trucking fees earned Depreciation expense-Trucks Salaries expense 12,000 4,000 53,000 125000 20,000 130,000 61,000 R,000 12,000 - $410,000 $410,000
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