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I need help figuring out the proper adjustments and starting point as Im lost on what to do The following unadjusted trial balance contains the

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The following unadjusted trial balance contains the accounts and balances of Dylan Delivery Company as of December 31, 2015 Exercise 4-7 Preparing a work sheet and recording closing 1. Use the following information about the company's adjustments to complete a 10-column work sheet. entries a. Unrecorded depreciation on the trucks at the end of the year is $40,000 b. The total amount of accrued interest expense at year-end is $6,000 c. The cost of unused office supplies stl available at year-end is $2,000. P1 P2 2. Prepare the year-end closing entries for this company, and determine the capital amount to be reported on its year-end balance sheet. usted Trial Balance Title 16,000 34,000 5,000 350,000 3 Cash Accounts receivable 5 Office supplies Trucks 7 Accumulated depreciation-Trucks 8 Land 9 Accounts payable 10 Interest payable 11 Long-term notes payable 2 S. Dylan, Capital 13 S. Dylan, Withdrawals 4 Delivery fees earned 15 Depreciation expense Truck 16 Salaries expense 7 Office supplies expense 18 Interest expense 19 Repairs expense-Trucks S 80,000 160,000 24,000 5,000 100,000 307,000 34,000 263,000 40,000 110,000 5,000 5,000 0,000 779,000 Check Adj. trial balance totals, $820,000; Net income, $39,000 Totals $779,000

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