Wilson Trucking, Inc. reports these account balances at January 1, 2015 (shown in alphabetical order):
![2021_13252703207862758912 (1).png](https://secure.tutorsglobe.com/CMSImages/2021_13252703207862758912 (1).png)
On 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.
6.Required information
Refer to the information above. In a trial balance prepared for Wilson Trucking on January 1, 2015, the total of the credit column is:
$1,560,000.
$3,120,000.
$1,620,000.
$1,580,000.
7.Required information
Refer to the information above. In a trial balance prepared for Wilson Trucking on January 6, 2015, the total of the debit column is:
$1,620,000.
$1,580,000.
$3,120,000.
$1,399,000.
8.Required information
Refer to the information above. In a trial balance prepared on January 6, 2015, the total of the credit column is:
$1,721,000.
$1,350,000.
$1,399,000.
$1,560,000.