Question: The following unadjusted trial balance contains the accounts and balances

The following unadjusted trial balance contains the accounts and balances of Santaga Delivery Company as of December 31, 2011.
1. Use the following information about the company’s adjustments to complete a 10-column work sheet for Santaga.
a. Unrecorded depreciation on the trucks at the end of the year is $16,000.
b. The total amount of accrued interest expense at year-end is $8,000.
c. The cost of unused office supplies still available at the year-end is $500.
2. Prepare the year-end closing entries for Santaga, and determine the retained earnings to be reported on its year-end balance sheet.


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  • CreatedMarch 18, 2015
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