Exercise 4-7 (Algo) Preparing a work sheet and recording closing entries LO P1, P2 The following unadjusted trial balance contains the accounts and balances of Dylan Delivery Company as of December 31, 1. Use the following information about the company's adjustments to complete a 10-column work sheet. a. Unrecorded depreciation on the trucks at the end of the year is $6,859. b. Total amount of accrued interest expense at year-end is $8,000. C. Cost of unused supplies still available at year-end is $1,200. 2a. Prepare the year-end closing entries for Dylan Delivery Company as of December 31. 2b. Determine the capital amount to be reported on its year-end balance sheet. Note: The S. Dylan, Capital account balance was $269,973 on December 31 of the prior year. Complete this question by entering your answers in the tabs below. Req 1 Reg 2A Req 2B Use the following information about the company's adjustments to complete a 10-column work sheet. DYLAN DELIVERY COMPANY Work Sheet For Year Ended December 31 Unadjusted Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet and Statement of Owner's Equity Account Title Credit Debit Credit Debit Credit Debit Credit Debit Credit Debit $ 12,500 20,500 2,200 320,000 S 40,000 130,000 19,625 4,000 120,000 269,973 Cash Accounts receivable Supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable S. Dylan, Capital S. Dylan, Withdrawals Delivery revenue Depreciation expense-Trucks Salaries expense Supplies expense Interest expense Repairs expense Totals Net Income Totals 39,000 228,625 30,000 96,023 19,000 4,000 9,000 $ 682,223 S 682.223 $ 0 $ 0 S 0 $ $ 0 0 0 0 0 0 $ 0 $ 0 $ $ 0 0 Reg1 Reg 2A > Req 1 Req 2A Req 2B Prepare the year-end closing entries for Dylan Delivery Company as of December 31. View transaction list Journal entry worksheet Record the entry to close revenue accounts. Note: Enter debits before credits. Date General Journal Debit Credit December 31 Record entry Clear entry View general journal Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Determine the capital amount to be reported on its year-end balance sheet. Note: The S. Dylan, Capital account balance was $269,973 on December 31 of the prior year. S. Dylan, Capital