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

Unrecorded depreciation on the trucks at the end of the year is $6,310.

Total amount of accrued interest expense at year-end is $8,000.

Cost of unused supplies still available at year-end is $1,700.

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 $254,151 on December 31 of the prior year. BOTH NEED TO BE DONE

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

JOURNAL ENTRIES BELOW FOR CLOSING ACCOUNT

1Record the entry to close revenue accounts.

2Record the entry to close expense accounts.

3Record the entry to close income summary account.

4Record the entry to close the withdrawals account.

Determine the capital amount to be reported on its year-end balance sheet. Note: The S. Dylan, Capital account balance was $254,151 on December 31 of the prior year.THIS NEEDS TO BE DONE AS WELL

S. Dylan, Capital

DYLAN DELIVERY COMPANY
Work Sheet
For Year Ended December 31
Account Title	Unadjusted Trial Balance		Adjustments		Adjusted Trial Balance		Income Statement		Balance Sheet and Statement of Owners Equity
	Debit	Credit	Debit	Credit	Debit	Credit	Debit	Credit	Debit	Credit
Cash	$11,500
Accounts receivable	27,000
Supplies	2,700
Trucks	260,000
Accumulated depreciationTrucks		$90,000
Land	140,000
Accounts payable		18,055
Interest payable		1,000
Long-term notes payable		50,000
S. Dylan, Capital		254,151
S. Dylan, Withdrawals	32,000
Delivery revenue		210,335
Depreciation expenseTrucks	40,000
Salaries expense	88,341
Supplies expense	13,000
Interest expense	1,000
Repairs expense	8,000
Totals	$623,541	$623,541
Net Income
Totals