P$3-11$ Worksheet Devlin Company has prepared the following partially completed worksheet for the year ended

December $31,2019$:

The following additional information is available: $($a$)$ salaries accrued but unpaid total $$250$; $($b$)$ the $$80$ heat and light bill for December has not been recorded or paid; $($c$)$ depreciation expense totals, $$810$ on the buildings and equipment; $($d$)$ interest accrued on the note payable totals $$380($this will be paid when the nore is repaid$)$; $($e$)$ the company leases a portion of its floor space to KT & Daniel Specialty Company for $550$ pec month, and KT & Daniel has not yet paid its December rent; $($f$)$ interest accrued on the note receivable tords $$80$; $($g$)$ bad debts expense is $$70$; and $(h)$ the income tax rate is $30\%$ on current income and is payable in the first quarter of $2017.$

Required:

Complete the worksheet. $($Round to the nearest dollar.$)$

Prepare the company's financial statements.

Prepare $($a$)$ adjusting and $($b$)$ closing entries in the general journal.