Use the following information about the company's adjustments to complete a 10-column work sheet 6. Unrecorded...

 

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Use the following information about the company's adjustments to complete a 10-column work sheet 6. Unrecorded depreciation on the trucks at the end of the year is $9,054 b. Total amount of accrued interest expense at year-end is $8,000 c. Cost of unused supplies still available at year-end is $600 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 $256360 on December 31 of the prior year Reg 1 Reg 2A 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 Account Title Cash Accounts receivable Supplies Trucks Accumulated depreciation Trucks Land Accounts payable Interest payable Long-tem notes payable 5. Dylan Capital S. Dylan Withdrawals Delivery revenue Depreciation expense-Trucks Salanes expense Supples expense Reg 28 Interest expense Repairs expense Tota Net Income Tola Unadjusted Trial Balance Debit 5 16.500 22,000 1.600 350,000 130,000 30,000 Credit $ 40.000 25.905 4.000 120 000 256,160 301.785 50,000 126,750 11,000 4,000 6.000 S 747 850 $ 747 850 Adjustments Debit Credit Adjusted Trial Balance Debit Credit Income Statement Debit Credit Balance Sheet and Statement of Owner's Equity Debit Credit Use the following information about the company's adjustments to complete a 10-column work sheet 6. Unrecorded depreciation on the trucks at the end of the year is $9,054 b. Total amount of accrued interest expense at year-end is $8,000 c. Cost of unused supplies still available at year-end is $600 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 $256360 on December 31 of the prior year Reg 1 Reg 2A 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 Account Title Cash Accounts receivable Supplies Trucks Accumulated depreciation Trucks Land Accounts payable Interest payable Long-tem notes payable 5. Dylan Capital S. Dylan Withdrawals Delivery revenue Depreciation expense-Trucks Salanes expense Supples expense Reg 28 Interest expense Repairs expense Tota Net Income Tola Unadjusted Trial Balance Debit 5 16.500 22,000 1.600 350,000 130,000 30,000 Credit $ 40.000 25.905 4.000 120 000 256,160 301.785 50,000 126,750 11,000 4,000 6.000 S 747 850 $ 747 850 Adjustments Debit Credit Adjusted Trial Balance Debit Credit Income Statement Debit Credit Balance Sheet and Statement of Owner's Equity Debit Credit

Answer rating: 100% (QA)

Here is the 10column worksheet for Dylan Delivery Company for the year ... View the full answer