Question: 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






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. a. Unrecorded depreciation on the trucks at the end of the year is $8.231. b. Total amount of accrued interest expense at year-end is $8,000 c. Cost of unused supplies still available at year-end is $1,500. 2n. 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 $185.327 on December 31 of the prior year. Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 28 Use the following information about the company's adjustments to complete a 10-column work sheet. DYLAN DELIVERY COMPANY Work Sheet Eat Vest Endrid Deoralios Chec
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
