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Credit Debit $6,500 13,000 7,810 194,000 $ 39,96 40,000 Account Tits Cash Accounts receivable office supplies Truck Accumulated depreciation-Trucks Land Accounts payable Thtecout payable Long-term notes payable Common stock Retained earnings Dividende Trucking toon earned Depreciation expense Truck Salarion expense Ottico wuppleexpende repairs oxponeo-Trucks Total 10,500 1.000 67,000 19,000 167.433 49,000 120,000 25,772 66,598 10,000 12,212 5424,99 5424,097 Use the above adjusted trial balance to prepare Wilson Trucking Company's classified balance sheet as of December 31, 2017 WILSON TRUCKING COMPANY Balance Sheet December 31, 2017 Assets $ $ Current assets Cash Accounts receivable Office supplies 6,500 13,000 7,810 Total current assets $ 27,310 194,000 Plant assets Trucks $ Accumulated depreciation-Trucks Land Total plant assets Total assets Liabilities Current liabilities Accounts payable Interest payable 194,000 40,000 234,000 261,310 GA $ $ 10,500 1,000 Total current liabilities 11,500 Long-term liabilities Total plant assets Total assets 234,000 261,310 $ Liabilities Current liabilities $ Accounts payable Interest payable 10,500 1,000 11,500 Total current liabilities Long-term liabilities Long-term notes payable 67,000 Total liabilities 78,500 Equity Common stock Retained earnings 19,000 167,433 $ Total equity Total liabilities and equity 186,433 264,933 $ $

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