Required information [The following information applies to the questions displayed below] The following adjusted trial b

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: Required Information The Following Information Applies To The Questions Displayed Below The Following Adjusted Trial B 1 (62.17 KiB) Viewed 36 times

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Required information [The following information applies to the questions displayed below] The following adjusted trial balance at December 31 of Wilson Trucking Company. Account Title Debit Credit Cash $9,600 19,100 Accounts receivable 4,600 office supplies Trucks 188,000 Accumulated depreciation-Trucks $ 37,600 Land 101,000 Accounts payable 16,800 Interest payable 5,600 Long-ters notes payable 66,000 K. Wilson, Capital 186,000 K. 11son, withdrawals 21,600 Trucking revenue 146,000 Depreciation expense Trucks - 25,100 Salaries expense 65,800 office supplies expense Interest expense 9,600 13,600 Totals $ 458,000 $ 450,000 The K. Wilson, Capital account balance was $186,000 at December 31 of the prior year, and there were no owner investments during the year. (1) Prepare the income statement for the year ended December 31. (2) Prepare the statement of owner's equity for the year ended December 31. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the income statement for the year ended December 31. WILSON TRUCKING COMPANY Income Statement 2 3 4 of 6 Next > search 40 8 10 O < Prev
The K. Wilson, Capital account balance was $186,000 at December 31 of the prior year, and there were no owner investments during the year (1) Prepare the income statement for the year ended December 31. (2) Prepare the statement of owner's equity for the year ended December 31. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the income statement for the year ended December 31. WILSON TRUCKING COMPANY Income Statement For Year Ended December 31 Revenues Expenses Next > we to search Total expenses 8 O Required 2 > 7 < Prev 9 2 3 4 of 6
65,800 Salaries expense office supplies expense 9,600 Interest expense 13,600 $ 458,000 $ 458,000 Totals The K. Wilson, Capital account balance was $186,000 at December 31 of the prior year, and there were no owner investme the year (1) Prepare the income statement for the year ended December 31 (2) Prepare the statement of owner's equity for the year ended December 31. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the statement of owner's equity for the year ended December 31. WILSON TRUCKING COMPANY Statement of Owner's Equity For Year Ended December 31 K Wilson, Capital December 31 prior year Add Investments by owner K Wilson Capital December 31 cument year 1 ere to search 3² on < Required 1 Ⓡ O (10 O < Prev 2 Bm 4 of 6