Reference no: EM133033171
Question - Preparing a work sheet and recording closing entries - The following unadjusted trial balance contains the accounts and balances of Dylan Delivery Company as of December 31.
Unrecorded depreciation on the trucks at the end of the year is $5,487.
The total amount of accrued interest expense at year-end is $8,000.
The cost of unused office supplies still available at year-end is $600.
1. Use the above information about the company's adjustments to complete a 10-column work sheet.
2a. Prepare the year-end closing entries for Dylan Delivery Company as of December 31.
2b. Determine the capital amount to be reported on the December 31, balance sheet. Note: S. Dylan, Capital was $354,818 on December 31 of the prior year.
Please help with: General Journal, Prepare the December 31, closing entries for Cruz Company. Assume the account number for Income Summary is 901.
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