Business
Business, 06.06.2020 18:00, scottmn

Wilson Trucking, Inc. reports these account balances at January 1, 2015 (shown in alphabetical order):Accounts Payable $220,000Accounts Receivable $200,000Buildings $480,000Capital Stock $680,000Cash $160,000Equipment $320,000Land $400,000Notes Payable $520,000Retained Earnings $140,000On January 5, Wilson Trucking collected $175,000 of its accounts receivable, paid $150,000 on its accounts payable, and paid $11,000 on its note payable. Refer to the information above. In a trial balance prepared on January 6, 2015, the total of the credit column is:.(a) $1,721,000(b) $1,350,000(c) $1,399,000(d) $1,560,000.

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Wilson Trucking, Inc. reports these account balances at January 1, 2015 (shown in alphabetical order...

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