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The following adjusted trial balance at December 31 of Wilson Trucking Company:

[tex]\[
\begin{array}{|c|c|c|}
\hline
\text{Account Title} & \text{Debit} & \text{Credit} \\
\hline
\text{Cash} & \$ 9,700 & \\
\hline
\text{Accounts receivable} & 19,200 & \\
\hline
\text{Office supplies} & 4,700 & \\
\hline
\text{Trucks} & 189,000 & \\
\hline
\text{Accumulated depreciation-Trucks} & & \$ 37,700 \\
\hline
\text{Land} & 102,000 & \\
\hline
\text{Accounts payable} & & 17,100 \\
\hline
\text{Interest payable} & & 5,700 \\
\hline
\text{Long-term notes payable} & & 66,500 \\
\hline
\text{K. Wilson, Capital} & & 187,000 \\
\hline
\text{K. Wilson, Withdrawals} & 147,000 & \\
\hline
\text{Trucking revenue} & & 25,200 \\
\hline
\text{Depreciation expense-Trucks} & 66,100 & \\
\hline
\text{Salaries expense} & 66,100 & \\
\hline
\text{Office supplies expense} & 9,700 & \\
\hline
\text{Interest expense} & 13,700 & \\
\hline
\text{Totals} & \[tex]$ 461,000 & \$[/tex] 461,000 \\
\hline
\end{array}
\][/tex]



Answer :

GinnyAnswer
To find the total of the debit and credit columns in the adjusted trial balance of Wilson Trucking Company as of December 31, we will carefully add up all the numbers listed in each column.

### Step-by-Step Solution:

1. List all the Debits:
- Cash: \$9,700
- Accounts Receivable: \$19,200
- Office Supplies: \$4,700
- Trucks: \$189,000
- Land: \$102,000
- K. Wilson, Withdrawals: \$147,000
- Depreciation Expense-Trucks: \$66,100
- Salaries Expense: \$9,700
- Office Supplies Expense: \$9,700
- Interest Expense: \$13,700

2. Sum the Debit Amounts:
[tex]\[ 9,700 + 19,200 + 4,700 + 189,000 + 102,000 + 147,000 + 66,100 + 9,700 + 9,700 + 13,700 = 570,800 \][/tex]
So, the total debits equal \$570,800.

3. List all the Credits:
- Accumulated Depreciation-Trucks: \$37,700
- Accounts Payable: \$17,100
- Interest Payable: \$5,700
- Long-term Notes Payable: \$66,500
- K. Wilson, Capital: \$187,000
- Trucking Revenue: \$25,200

4. Sum the Credit Amounts:
[tex]\[ 37,700 + 17,100 + 5,700 + 66,500 + 187,000 + 25,200 = 339,200 \][/tex]
So, the total credits equal \$339,200.

Thus, the adjusted trial balance totals for Wilson Trucking Company as of December 31 are:
- Total Debits: \$570,800
- Total Credits: \$339,200

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