The following unadjusted trial balance contains the accounts and balances of Dylan Delivery Company as of December 31.

1. Unrecorded depreciation on the trucks at the end of the year is $7,956.
2. The total amount of accrued interest expense at year-end is $8,000.
3. The cost of unused office supplies still available at year-end is $800.

1. Use the above information about the companys adjustments to complete a 10-column work sheet. 2a. 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 $353,216 on December 31 of the prior year.

• Req 1
• Req 2A
• Req 2B

Use the above information about the companys 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 Owners Equity
Account Title	Dr	Cr	Dr	Cr	Dr	Cr	Dr	Cr	Dr	Cr
Cash	$14,500
Accounts receivable	27,500
Office supplies	1,800
Trucks	370,000
Accumulated depreciationTrucks		$70,000
Land	170,000
Accounts payable		22,765
Interest payable		3,000
Long-term notes payable		100,000
S. Dylan, Capital		353,216
S. Dylan, Withdrawals	35,000
Delivery fees earned		265,205
Depreciation expenseTrucks	60,000
Salaries expense	111,386
Office supplies expense	13,000
Interest expense	3,000
Repairs expenseTrucks	8,000
Totals	$814,186	$814,186	$0	$0	$0	$0	0	0	0	0
Net Income
Totals							$0	$0	$0	0

• Req 2A
• Req 2B

Prepare the year-end closing entries for Dylan Delivery Company as of December 31.

Journal entry worksheet

• Record the entry to close revenue accounts.

Note: Enter debits before credits.

Date	General Journal	Debit	Credit
December 31

S. Dylan, Capital