![[The following information applies to the questions displayed below.] The following is the adjusted year-end trial balance at December 31, 2018, of Wilson Trucking Company Account Title Debit Credit $ 9,100 16,900 2,000 166,000 Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable Common stock Retained earnings, December 31, 2017 Dividends Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense-Trucks Totals $ 29,000 74,300 11,900 4,700 62,000 19,100 150,000 21,000 120,000 23,000 64,000 8,600 11,800 $396,700 $396,700](http://img.homeworklib.com/questions/ca22fe20-70ac-11ea-b64f-b36f6d2a8bea.png?x-oss-process=image/resize,w_560)
Fill in the balance sheet please!
Homework Answers
Balance sheet
| ASSETS | |
| Current assets | |
| Cash | 9100 |
| Account receivable | 16900 |
| Office supplies | 2000 |
| Total Current assets | 28000 |
| Non Current assets | |
| Land | 74300 |
| Truck | 166000 |
| Less: Accumulated depreciation-truck | -29000 |
| Total Non Current assets | 211300 |
| Total Assets | 239300 |
| LIABILITIES AND STOCKHOLDER'S EQUITY | |
| Current liabilities | |
| Account payable | 11900 |
| Interest payable | 4700 |
| Total current liabilities | 16600 |
| Long term liabilities | |
| Long term notes payable | 62000 |
| Total liabilities | 78600 |
| Stockholder's equity | |
| Common Stock | 19100 |
| Retained earnings | 141600 |
| Total Stockholder's equity | 160700 |
| Total liabilities and stockholder's equity | 239300 |
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Fill in the balance sheet please!
[The following information applies to the questions displayed below.] The...
Required information [The following information applies to the questions displayed below.] The following is the adjusted...
Required information [The following information applies to the questions displayed below.] The following is the adjusted year-end trial balance at December 31, 2018, of Wilson Trucking Company Account Title Debit Credit Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable Common stock Retained earnings, December 31, 2017 Dividends Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense Trucks Totals $ 9,100 16,900 2,000 166,000 $ 29,000 74,300 11,900 4,700 62,000...
Required information [The following information applies to the questions displayed below.] The following is the adjusted...
Required information [The following information applies to the questions displayed below.] The following is the adjusted year-end trial balance at December 31, 2018, of Wilson Trucking Company Account Title Debit Credit Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable Common stock Retained earnings, December 31, 2017 Dividends Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense Trucks Totals $ 9,100 16,900 2,000 166,000 $ 29,000 74,300 11,900 4,700 62,000...
Requirea information [The following information applies to the questions displayed below.] The following is the adjusted...
Requirea information [The following information applies to the questions displayed below.] The following is the adjusted year-end trial balance at December 31, 2018, of Wilson Trucking Company Credit Debit $ 8,000 17,500 3,000 172,000 $ 36,000 85, eee Account Title Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable Common stock Retained earnings, December 31, 2017 Dividends Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense-Trucks Totals 12,000 4,000 53,000...
Required information [The following information applies to the questions displayed below.] The following is the adjusted...
Required information [The following information applies to the questions displayed below.] The following is the adjusted year-end trial balance at December 31, 2018, of Wilson Truck Credit Debit $ 9,400 18,100 2,300 175,000 $ 34,000 68,000 Account Title Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable Common stock Retained earnings, December 31, 2017 Dividends Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense-Trucks Totals 12,900 3,400 43,000 21,200 159,000...
Exercise 4-12 Preparing a classified balance sheet LO C3 Account Title Debit Credit Cash $ 5,200...
Exercise 4-12 Preparing a classified balance sheet LO C3 Account Title Debit Credit Cash $ 5,200 Accounts receivable 12,000 Office supplies 6,738 Trucks 171,000 Accumulated $ 35, 226 depreciation-Trucks Land 40,000 Accounts payable 9,200 Interest payable 17,000 Long-term notes payable 64,000 K. Wilson, Capital 108,221 K. Wilson, Withdrawals 21,000 Trucking fees earned 125,000 Depreciation expense- 22,721 Trucks Salaries expense 57,453 Office supplies expense 12,000 Repairs expense-Trucks 10,535 Totals $ 358,647 $ 358,647 Use the above adjusted trial balance to prepare...
The following is the adjusted year-end trial balance at December 31, 2018, of Wilson Trucking Company....
The following is the adjusted year-end trial balance at December 31, 2018, of Wilson Trucking Company. Credit Debit $ 7,300 17,500 3,900 179,000 $ 41,000 82,200 Account Title Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable Common stock Retained earnings, December 31, 2017 Dividends Trucking fees earned Depreciation expense-Trucks Salaries expense office supplies expense Repairs expense–Trucks Totals 12,300 3,700 61,000 20,600 151,000 19,000 131,000 22,600 68,000 8,200 12,900 $420,600 $420,600 Use the...
Exercise 4-12 Preping a classified balance sheet LO C3 Use the above adjusted trial balance to prepare Wilson Trucking Company’s Classified balance sheet as of December 31, 2017. il How to Beco...
Exercise 4-12 Preping a classified balance sheet LO C3
Use the above adjusted trial balance to prepare Wilson
Trucking Company’s Classified balance sheet as of December 31,
2017.
il How to Become a P- ด.© samantha gordon Ho Chemistry Chapter Exercise 4-12 Preparing a classified balance sheet LO C3 Account Title $ 5,500 20, 500 7,673 197,000 Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable K. Wilson, Capital K. Wilson, Withdrawals Trucking...
The following is the adjusted year-end trial balance at December 31, 2018, of Wilson Trucking Company....
The following is the adjusted year-end trial balance at December 31, 2018, of Wilson Trucking Company. Account Title Debit Credit Cash $ 9,400 Accounts receivable 18,100 Office supplies 2,300 Trucks 175,000 Accumulated depreciation—Trucks $ 34,000 Land 68,000 Accounts payable 12,900 Interest payable 3,400 Long-term notes payable 43,000 Common stock 21,200 Retained earnings, December 31, 2017 159,000 Dividends 20,100 Trucking fees earned 131,000 Depreciation expense—Trucks 23,400 Salaries expense 69,000 Office supplies expense 8,100 Repairs expense—Trucks 11,100 Totals $ 404,500 $ 404,500...
Exercise 4-12 Preparing a classified balance sheet LO C3 Account Title Debit Credit Cash $ 6,900...
Exercise 4-12 Preparing a classified balance sheet LO C3 Account Title Debit Credit Cash $ 6,900 Accounts receivable 24,500 office supplies 7,480 Trucks 156,000 Accumulated depreciation Trucks $ 32,136 Land 48,000 Accounts payable 10,900 Interest payable 3,000 Long-term notes 60,000 payable x. Wilson, Capital 149,052 x. Wilson, 36,000 Withdrawals Trucking fees carned 125,000 Depreciation expense -Trucks 20,728 Salaries expense 63,784 office supplies expense 5,000 Repairs expense- Trucks 11,696 Totals $380,088 $380,086 Use the above adjusted trial balance to prepare Wilson...
Use the above adjusted trial balance to prepare Wilson Trucking Company's classified balance sheet as of...
Use
the above adjusted trial balance to prepare Wilson Trucking
Company's classified balance sheet as of December 31
Use the above adjusted trial balance to prepare Wilson Trucking Company's classified balance sheet as of December 31. Answer is not complete. WILSON TRUCKING COMPANY Balance Sheet December 31 Assets 9.600 Current assets Cash Accounts receivable Office supplies 20,500 7,040 37.140 $ 171,000 35,226 135,774 Total current assets Plant assets Trucks Accumulated depreciation-Trucks Land Total plant assets Total assets Liabilities 135,774 172,914...
Required information [The following information applies to the questions displayed below.] The following is the adjusted year-end trial balance at December 31, 2018, of Wilson Trucking Company Account Title Debit Credit Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable Common stock Retained earnings, December 31, 2017 Dividends Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense Trucks Totals $ 9,100 16,900 2,000 166,000 $ 29,000 74,300 11,900 4,700 62,000...
Required information [The following information applies to the questions displayed below.] The following is the adjusted year-end trial balance at December 31, 2018, of Wilson Trucking Company Account Title Debit Credit Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable Common stock Retained earnings, December 31, 2017 Dividends Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense Trucks Totals $ 9,100 16,900 2,000 166,000 $ 29,000 74,300 11,900 4,700 62,000...
Requirea information [The following information applies to the questions displayed below.] The following is the adjusted year-end trial balance at December 31, 2018, of Wilson Trucking Company Credit Debit $ 8,000 17,500 3,000 172,000 $ 36,000 85, eee Account Title Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable Common stock Retained earnings, December 31, 2017 Dividends Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense-Trucks Totals 12,000 4,000 53,000...
Required information [The following information applies to the questions displayed below.] The following is the adjusted year-end trial balance at December 31, 2018, of Wilson Truck Credit Debit $ 9,400 18,100 2,300 175,000 $ 34,000 68,000 Account Title Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable Common stock Retained earnings, December 31, 2017 Dividends Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense-Trucks Totals 12,900 3,400 43,000 21,200 159,000...
Exercise 4-12 Preparing a classified balance sheet LO C3 Account Title Debit Credit Cash $ 5,200 Accounts receivable 12,000 Office supplies 6,738 Trucks 171,000 Accumulated $ 35, 226 depreciation-Trucks Land 40,000 Accounts payable 9,200 Interest payable 17,000 Long-term notes payable 64,000 K. Wilson, Capital 108,221 K. Wilson, Withdrawals 21,000 Trucking fees earned 125,000 Depreciation expense- 22,721 Trucks Salaries expense 57,453 Office supplies expense 12,000 Repairs expense-Trucks 10,535 Totals $ 358,647 $ 358,647 Use the above adjusted trial balance to prepare...
The following is the adjusted year-end trial balance at December 31, 2018, of Wilson Trucking Company. Credit Debit $ 7,300 17,500 3,900 179,000 $ 41,000 82,200 Account Title Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable Common stock Retained earnings, December 31, 2017 Dividends Trucking fees earned Depreciation expense-Trucks Salaries expense office supplies expense Repairs expense–Trucks Totals 12,300 3,700 61,000 20,600 151,000 19,000 131,000 22,600 68,000 8,200 12,900 $420,600 $420,600 Use the...
Exercise 4-12 Preping a classified balance sheet LO C3
Use the above adjusted trial balance to prepare Wilson
Trucking Company’s Classified balance sheet as of December 31,
2017.
il How to Become a P- ด.© samantha gordon Ho Chemistry Chapter Exercise 4-12 Preparing a classified balance sheet LO C3 Account Title $ 5,500 20, 500 7,673 197,000 Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable K. Wilson, Capital K. Wilson, Withdrawals Trucking...
Exercise 4-12 Preparing a classified balance sheet LO C3 Account Title Debit Credit Cash $ 6,900 Accounts receivable 24,500 office supplies 7,480 Trucks 156,000 Accumulated depreciation Trucks $ 32,136 Land 48,000 Accounts payable 10,900 Interest payable 3,000 Long-term notes 60,000 payable x. Wilson, Capital 149,052 x. Wilson, 36,000 Withdrawals Trucking fees carned 125,000 Depreciation expense -Trucks 20,728 Salaries expense 63,784 office supplies expense 5,000 Repairs expense- Trucks 11,696 Totals $380,088 $380,086 Use the above adjusted trial balance to prepare Wilson...
Use
the above adjusted trial balance to prepare Wilson Trucking
Company's classified balance sheet as of December 31
Use the above adjusted trial balance to prepare Wilson Trucking Company's classified balance sheet as of December 31. Answer is not complete. WILSON TRUCKING COMPANY Balance Sheet December 31 Assets 9.600 Current assets Cash Accounts receivable Office supplies 20,500 7,040 37.140 $ 171,000 35,226 135,774 Total current assets Plant assets Trucks Accumulated depreciation-Trucks Land Total plant assets Total assets Liabilities 135,774 172,914...
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