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Accounting

Account Title Debit Credit
Cash $ 9,900
Accounts receivable 17,500
Office supplies 7,838
Trucks 155,000
Accumulated depreciationTrucks $ 31,930
Land 47,000
Accounts payable 13,900
Interest payable 17,000
Long-term notes payable 69,000
Common stock 17,000
Retained earnings 99,091
Dividends 24,000
Trucking fees earned 128,000
Depreciation expenseTrucks 20,595
Salaries expense 66,833
Office supplies expense 15,000
Repairs expenseTrucks 12,255
Totals $ 375,921 $ 375,921

Use the above adjusted trial balance to prepare Wilson Trucking Companys classified balance sheet as of December 31, 2017.

WILSON TRUCKING COMPANY
Balance Sheet
December 31, 2017
Assets
Liabilities
Equity

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