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

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 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 avallable 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 was $200,183 on December 31 of the prior year.

Exercise 4-7 (Algo) Preparing a work sheet and recording closing entries LO P1, P2 The following unadjusted thal balance contains the accounts and balances or Dylan Delivery Company as of December 31 . 1. Use the following information about the company's adjustments to complete a 10 -column work sheet a. Unrecorded depreciation on the trucks at the end of the year is $7133 b. Total amount of accrued interest expense at year-end is $8,000 c. Cost of unused supplies still avaliable at year-end is $500 2a. Prepare the year-end closing entries for Dylan Dellvery Company as of December 31 2b. Determine the capltal amount to be reported on its year-end balance sheet. Note. The S. Dylan, Capital account balance was $200.183 on December 31 of the prior year. Complete this question by entering your answers in the tabs below. Use the following information about the company's adjustments to complete a 10 -column work sheet. Use the following information about the company's adjustments to complete a 10-column work sheet