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

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Required Information The Following Information Applies To The Questions Displayed Below The Following Adjusted Trial 1 (72.69 KiB) Viewed 78 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 office supplies 4,600 Trucks 188,000 Accumulated depreciation-Trucks $ 37,600 Land 101,000 Accounts payable 16,800 Interest payable 5,600 66,000 Long-term notes payable K. Wilson, Capital 186,000 K. Wilson, 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 $ 458,000 Prepare the closing entries for the year ended December 31. View transaction list Journal entry worksheet < 2 3 Prepare the entry to close the expense account(s). Note: Enter debits before credits B to search Co < Prev S+ of
Trucking revenue 25,100 Depreciation expense-Trucks 65,800 Salaries expense 9,600 office supplies expense Interest expense 13,600 Totals $ 458,000 Prepare the closing entries for the year ended December 31. View transaction list Journal entry worksheet Prepare the entry to close the revenue account(s). Note: Enter debits before credits. Date General Journal Dec 31 Trucking revenue Income summary Record entry to search Clear entry C 0!! $ 458,000 Debit 146,000 8 G O Credit 146,000 View general journal < Prev MAN E
Interest expense Totals 13,600 $458,000 Prepare the closing entries for the year ended December 31. View transaction list Journal entry worksheet Prepare the entry to close the expense account(s). Note: Enter debits before credits. General Journal Date Dec 31 Clear entry to search Record entry n 6 G Debit $ 458,000 Credit View general journal < Prev
Interest expense Totals $ 458,000 Prepare the closing entries for the year ended December 31. View transaction list Journal entry worksheet 2 3 4 Prepare the entry to close income summary. Note: Enter debits before credits. Date General Journal Dec 31 Clear entry to search Record entry 3 Debit O $ 458,000 Credit View general journal < Prev
65,800 Depreciation Salaries expense office supplies expense 9,600 13,600 Interest expense $ 458,000 Totals Prepare the closing entries for the year ended December 31. View transaction list Journal entry worksheet 2 3 4 Prepare the entry to close the Withdrawal account. Note: Enter debits before credits. Date General Journal Dec 31 Clear entry to search Record entry $ 458,000 Debit Credit View general journal < Prev