The following unadjusted trial balance contains the accounts and balances of Dylan Delivery Company as of December 31, 2017 a. Unrecorded depreciation on the trucks at the end of the year is $9,328. 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 $1,000. 1. Use the above information about the company's adjustments to complete a 10-column work sheet. 2a. Prepare the year-end closing entries for Dylan Delivery Company as of December 31, 2017 2b. Determine the capital amount to be reported on the December 31, 2017 balance sheet Complete this question by entering your answers in the tabs below. Req 28 Reg 1 Req 2A Use the above information about the company's adjustments to complete a 10-column work sheet. DYLAN DELIVERY COMPANY Work Sheet For Year Ended December 31, 2017 Balance Sheet and Income Statement Statement of Owmer's Adjusted Trial Balance Unadjusted Trial Balance Adjustments Equity Dr Cr Cr Dr Cr Cr Dr Dr Cr Dr Account Title $ 17,000 Cash 10,500 Accounts receivable Office supplios 2,000 320,000 Trucks Accumulated depreciation- Trucks Land s 60,000 170,000 DYLAN DELIVERY COMPANY Work Sheet For Year Ended December 31, 2017 Balance Sheet and Statement of Owner's Equity Unadjusted Trial Balance Adjusted Trial Balance Adjustments Income Statement Account Title Dr Cr Dr Cr Dr Cr Dr Cr Dr Cr Cash $17,000 Accounts receivable 10,500 Office supplies 2,000 Trucks Accumulated depreciation 320,000 $ 60,000 Trucks Land 170,000 Accounts payable 26,690 Interest payable 5,000 Long-term notes payable 60,000 S. Dylan, Capital 275,471 S. Dylan, Withdrawals 31,000 Delivery fees earned 310,930 Depreciation expense Trucks 30,000 Salaries expense 130,591 Office supplies expense 16,000 Interest expense 5,000 Repairs expense-Trucks 6,000 Totals $738,091 $738,091 Net Income Totals Prepare the year-end closing entries for Dylan Delivery Company as of December 31, 2017. View transaction list Journal entry worksheet 1 2 3 Record the entry to close revenue accounts. Note: Enter debits before credits. Credit General Journal Debit Date December 31. 2017 4P Clear entry View general journal Record entry 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 $9,328. 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 $1,000. 1. Use the above information about the company's adjustments to complete a 10-column work sheet. 2a. Prepare the year-end closing entries for Dylan Delivery Company as of December 31, 2017 2b. Determine the capital amount to be reported on the December 31, 2017 balance sheet. Complete this question by entering your answers in the tabs below. Reg 1 Req 2A Req 2B Determine the capital amount to be reported on the December 31, 2017 balance sheet. S. Dylan, Capital Reg 2A
