Adjusted trial balance to prepare wilson trucking

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Reference no: EM13320486

  Account Title Debit Credit
  Cash $ 7,800  

  Accounts receivable
15,500  

  Office supplies
6,160  

  Trucks
200,000  

  Accumulated depreciation-Trucks

$ 41,200  
  Land
41,000  

  Accounts payable


11,800  
  Interest payable


2,000  
  Long-term notes payable


59,000  
  Common stock


35,000  
  Retained earnings


128,194  
  Dividends
22,000  

  Trucking fees earned


124,000  
  Depreciation expense-Trucks
26,574  

  Salaries expense
52,528  

  Office supplies expense
20,000  

  Repairs expense-Trucks
9,632  






  Totals $ 401,194   $ 401,194  










Use the above adjusted trial balance to prepare Wilson Trucking Company's classified balance sheet as of December 31, 2013.

Reference no: EM13320486

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