Exercise 4-7 (Static) 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 $40,000. b. Total amount of accrued interest expense at year-end is $6,000. c. Cost of unused supplies still available at year-end is $2,000. 20. 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 $307,000 on December 31 of the prior year. Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Use the following information about the company's adjustments to complete a 10-column work sheet. DYLAN DELIVERY COMPANY Work Sheet For Year Ended December 31 Unadjusted Trial Balance Adjustments Adjusted Trial Balance Income Statement Account Title Balance Sheet & Statement of Owner's Equity Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Cash Accounts receivable Supplies Trucks $ 16,000 34,000 5,000 350,000 Accumulated depreciation-Trucks $ 80,000 160,000 Land Accounts payable 24,000 Interest payable 5,000 Long-term notes payable 100,000 S. Dylan, Capital 307,000 S. Dylan, Withdrawals 34,000 Delivery revenue 263,000 Depreciation expense-Trucks 40,000 Salaries expense 110,000 Supplies expense 15,000 Interest expense 5,000 Repairs expense 10,000 Totals $ 779,000 $ 779,000 $ 0 $ 0 $ 0 $ Net Income Totals 0 0 0 0 $ 0 $ 0 $ 0 $ 0 < Req 1 Req 2A >