The following adjusted yeamend trial balance at December 31 &Wilson Trucking Company

Finance Sep 10, 2020

The following adjusted yeamend trial balance at December 31 &Wilson Trucking Company.
Account Title rash Accounts receivable Debit $ 5,700 16,500 Credit Off ice supplies Trucks 19:::: Acuulat. depreciation-Trucks Land 75,000 $ 39,552 Accounts payable Interest payable 9,700 3,000 Long-term notes payable K. Wilson, Capital Ig,!172 K. Wilson, Withdrawals Trucking fees earned 19,000 131,500 =9.erciO:ta4e1197ns'-Trucks 25,511 61,670 Off ice supp ties expense RVilirS expense-Trucks 10,500 11,309 Totals $419,190 $419,194
The K. Wilson, Capital account balance was $183,442 at December 31 22 279 PO '3
(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.
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