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 companys adjustments to complete a 10-column work sheet.

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

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 $299,716 on December 31 of the prior year.

1.Use the following information about the companys adjustments to complete a 10-column work sheet.

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

3.Determine the capital amount to be reported on its year-end balance sheet. Note: The S. Dylan, Capital account balance was $299,716 on December 31 of the prior year.

\begin{tabular}{|c|c|c|c|c|c|} \hline & No & Date & General Journal & Debit & Credit \\ \hline \multirow[t]{2}{*}{ i } & 1 & December 31 & Delivery revenue & 265,205 & \\ \hline & & & Income summary & & 265,205 \\ \hline \multirow[t]{6}{*}{%} & 2 & December 31 & Income summary & & \\ \hline & & & Depreciation expense-Trucks & & \\ \hline & & & Salaries expense & & \\ \hline & & & Supplies expense & & \\ \hline & & & Interest expense & & \\ \hline & & & Repairs expense & & 6,000 \\ \hline \multirow[t]{2}{*}{%} & 3 & December 31 & Income summary & & \\ \hline & & & S. Dylan, Capital & & \\ \hline \multirow[t]{2}{*}{>} & 4 & December 31 & S. Dylan, Capital & & \\ \hline & & & S. Dylan, Withdrawals & & \\ \hline \end{tabular} Determine the capital amount to be reported on its year-end balance sheet. Note: The S. Dylan, Capital account balance was $299,716 on December 31 of the prior year. \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{15}{|c|}{ Work Sheet } \\ \hline \multicolumn{15}{|c|}{ For Year Ended December 31} \\ \hline \multirow{2}{*}{ Account Title } & \multicolumn{4}{|c|}{ Unadjusted Trial Balance } & \multicolumn{3}{|c|}{ Adjustments } & \multicolumn{2}{|c|}{ Adjusted Trial Balance } & \multicolumn{2}{|c|}{ Income Statement } & \multicolumn{3}{|c|}{\begin{tabular}{l} Balance Sheet and \\ of Owner's Eq \end{tabular}} \\ \hline & \multicolumn{2}{|c|}{ Debit } & \multicolumn{2}{|r|}{ Credit } & \multicolumn{2}{|r|}{ Debit } & Credit & Debit & Credit & Debit & Credit & \multicolumn{2}{|r|}{ Debit } & c \\ \hline Cash & $ & 14,500 & & & & & & $14,500 & & & & $ & 14,500 & \\ \hline Accounts receivable & & 21,000 & & & & & & 21,000 & & & & & 21,000 & \\ \hline Supplies & & 1,800 & & & & & & & & & & & & \\ \hline Trucks & & 350,000 & & & & & & 350,000 & & & & & 350,000 & \\ \hline Accumulated depreciation-Trucks & & & & 100,000 & & & & & & & & & & \\ \hline Land & & 160,000 & & & & & & 160,000 & & & & & 160,000 & \\ \hline Accounts payable & & & & 22,765 & & & & & 22,765 & & & & & \\ \hline Interest payable & & & & 1,000 & & & 7,000 & & 8,000 & & & & & \\ \hline Long-term notes payable & & & & 60,000 & & & & & & & & & & \\ \hline S. Dylan, Capital & & & & 299,716 & & & & & & & & & & \\ \hline S. Dylan, Withdrawals & & 32,000 & & & & & & & & & & & 32,000 & \\ \hline Delivery revenue & & & & 265,205 & & & & & & & & & & \\ \hline Depreciation expense-Trucks & & 40,000 & & & $ & 7,956 & & & & & & & & \\ \hline Salaries expense & & 111,386 & & & & & & 111,386 & & 111,386 & & & & \\ \hline Supplies expense & & 11,000 & & & & & & & & & & & & \\ \hline Interest expense & & 1,000 & & & & 7,000 & & 8,000 & & 8,000 & & & & \\ \hline Repairs expense & & 6,000 & & & & & & 6,000 & & 6,000 & & & & \\ \hline Totals & $ & 748,686 & $ & 748,686 & $ & 14,956 & 7,000 & $670,886 & $30,765 & 125,386 & 0 & & 577,500 & \\ \hline Net Income & & & & & & & & & & & & & & \\ \hline Totals & & & & & & & & & & $125,386 & $ & $ & 577,500 & \\ \hline \end{tabular}