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Exercise 4-7 Preparing a work sheet and recording closing entries LO P1, P2 The following unadjusted trial balance contains the accounts and balances of Dylan

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Exercise 4-7 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 a. Unrecorded depreciation on the trucks at the end of the year is $9,602 b. The total amount of accrued interest expense at year-end is $8,000 c. The cost of unused office supplies still available at year-end is $900. 1. Use the above information about the company's adjustments to complete a 10-column work sheet 20. Prepare the year-end closing entries for Dylan Delivery Company as of December 31 2b. Determine the capital amount to be reported on the December 31, balance sheet Note S. Dylan, Capital was 5163.782 on December 31 of the prior year. Unadjusted Trial Balance Adiusted trial Balance income Statement Account Title cr Dr cr Dr C or a $ 17.500 22.500 1900 230,000 | | 60.000 180 000 L 27,475 3.000 120,000 163.782 T Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable S Dylan, Capital S Dylan Withdrawals Delivery fees eamed Depreciation expense --Trucks Salaries expense Ofice supplies expense Interest expense Repairs expense Trucks Total | 320 0757 50.000 134.432 12.000 3.000 9,000 694332 5 $ 694.33 1 Record the entry to close revenue accounts. 2 Record the entry to close expense accounts. 3 Record the entry to close income summary account. 4 Record the entry to close the withdrawals account. Credit Note : = journal entry has been entered Record entry Clear entry View general journal 1. Use the above information about the company's adjustments to complete a 10-column work sheet. 20. Prepare the year-end closing entries for Dylan Delivery Company as of December 31 2b. Determine the capital amount to be reported on the December 31, balance sheet. Note: S. Dylan, Capital was $163782 or December 31 of the prior year. Complete this question by entering your answers in the tabs below. Reg 1 Req 2A Reg 2A Req 28 Reg 2B Determine the capital amount to be reported on the December 31, balance sheet. Note: S. Dylan, Capital was $163,782 on December 31 of the prior year. S Dylan, Capital PA

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