Answer Happy

Required information [The following information applies to the questions displayed below.] The following adjusted trial balance at December 31 of Wilson Trucking Company. Credit Debit $ 8,600 18,100 3,600 178,000 91,000 Account Title 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 revenue Depreciation expense-Trucks Salaries expense Office supplies expense Interest expense Totals 20,600 24,100 62,800 $ 36,600 13,800 4,600 61,000 176,000 136,000 8,600 12,600 $ 428,000 $ 428,000 Prepare the closing entries for the year ended December 31.

Prepare the closing entries for the year ended December 31. View transaction list Journal entry worksheet < 1 2 Prepare the entry to close the revenue account(s). Date Note: Enter debits before credits. Dec 31 3 4 Record entry General Journal Clear entry Debit Credit View general journal

Prepare the closing entries for the year ended December 31. View transaction list Journal entry worksheet 1 2 Prepare the entry to close the expense account(s). Date Dec 31 3 Note: Enter debits before credits. Record entry General Journal Clear entry Debit Credit View general journal >

Prepare the closing entries for the year ended December 31. View transaction list Journal entry worksheet < 1 2 Date Dec 31 3 Prepare the entry to close income summary. Note: Enter debits before credits. Record entry 4 General Journal Clear entry Debit Credit View general journal >

Prepare the closing entries for the year ended December 31. View transaction list Journal entry worksheet < 1 2 Date Dec 31 3 Prepare the entry to close the Withdrawal account. Note: Enter debits before credits. Record entry 4 General Journal Clear entry Debit Credit View general journal