Use the above adjusted trial balance to prepare Wilson Trucking Company’s classified balance sheet as of December 31, 2015.

Account Title	Debit		Credit
Cash	$	5,700
Accounts receivable		12,000
Office supplies		6,628
Trucks		181,000
Accumulated depreciation—Trucks			$	37,286
Land		45,000
Accounts payable				9,700
Interest payable				8,000
Long-term notes payable				54,000
Common stock				29,854
Retained earnings				119,415
Dividends		21,000
Trucking fees earned				121,000
Depreciation expense—Trucks		24,049
Salaries expense		56,515
Office supplies expense		17,000
Repairs expense—Trucks		10,363
Totals	$	379,255	$	379,255

 

Use the above adjusted trial balance to prepare Wilson Trucking Company’s classified balance sheet as of December 31, 2015.