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Accounting

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Grammarly 2 > TC 1 v Question no. 2: - Following is the adjusted trial balance of Wardy Trucking Company at December 31, 2019. ADJUSTED TRIAL BALANCE Wagdy Trucking Company As on December 31, 2019 Account Title Debit Credit Cash... $ 8,000 17,500 Accounts receivable Office supplies Trucks. 3,000 172,000 S 36,000 85,000 12,000 4,000 53,000 175,000 Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable K Wagdy, Capital K. Wagdy, Withdrawals. Trucking fees earned Depreciation expense--Trucks Salaries expense. Office supplies expense. Repairs expense-Trucks Totals 20,000 130,000 23,500 61,000 8,000 12,000 I $410,000 $410,000 REQUIRED: (1) Prepare the December 31, 2019, closing entries for Wagdy Trucking Company. (2) Prepare the December 31, 2019, post-closing trial balance for Wardy Trucking Company, (3) Make Income Statement, Statement of Owner's equity and Balance Sheet from the above trial balance

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