Question 2 (40 points] John Jarell, the financial officer of Dylex Corporation, showed the following adjusted account balances for the year ended May 31, 2014 Use this information to prepare the May 31, 2014 classified balance sheet Account B Accounts Receivable Dylex corporator 34,600 Accumulated Depreciation Building Balance Sheet 62,500 Accumulated Depreciation, Furniture For the Year Ended May 31, 2014 38.000 Accumulated Depreciation. Trucks 16.000 Advertising Expense 93,500 Advertising Payable 96,000 Bonds Payable (due January, 2023) 280.000 Building 593.000 Cash 25,000 Copyright 76.000 Depreciation Expense Building 16.500 Depreciation Expense, Furniture 10.000 Depreciation Expense, Trucks 5.000 Dividends 16,000 Furniture 244.500 Interest Earned 13,500 Interest Expense 22.500 Interest Receivable 5.000 Long-Term Notes Payable 272.000 Long-term Investment in Shares 55,000 Prepaid interest 13,500 Rent Earned 87.500 Retained Earnings 67.000 Share Capital 82000 Type here to search o O RING 08:19 AM 11.11 Wyw Building Cash Copyright Depreciation Expense, Building Depreciation Expense, Furniture Depreciation Expense, Trucks Dividends Furniture Interest Earned Interest Expense Interest Receivable Long-Term Notes Payable Long-term Investment in Shares Prepaid Interest Rent Earned Retained Earnings Share Capital Short-Term Notes Payablo Trademark Trucks 20 593.000 25.000 76.000 16,500 10,000 5,000 16.000 244,500 13,500 22.500 5.000 272.000 55.000 13.500 87,500 67.000 82000 296.000 73.000 27.500 Question 3 [10 points] Choose the term that best matches each of the following descriptions a) Belect answer A legal right granted by one company to another company to sell particular products or to provide certain services in a given 20 SCEN 19 AM 11.12