Exercise 4-7 (Algo) Preparing a work sheet and recording closing entrles LO P1, P2

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

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

1. Unrecorded depreciation on the trucks at the end of the year is $7,133.
2. Total amount of accrued interest expense at year-end is $8,000.
3. Cost of unused supplies still available at year.end is $500

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 wos $200.183 on December 31 of the prior year.

Exerclse 4-7 (Algo) Preparing o work sheet and recording ciosing entries LO P1, P2 The following unsojutted trist bolance contains the accounts and balances of Dylan Defivery Company as of December 31 1. Une the following informotion about the componys acjustuments to complete o 10 -column work theet. a. Unrecorded depreciosion con the trucks at the end of the year it $7,133 b. Tous amount of occrued interest enpense ot yespend as 58.000 . c. Cont of unuted nupplies asil ovolable at yeor-end la $500. 2a. Prepore the year-end cloting entries for Dylan Delivecy Company as of December 31 $200353 on December 31 of the pror year Complete this question by entering vour answers in the tabs below