Use the following information about the company's adjustments to complete a 10-column work sheet.
\multicolumn{11}{|c|}{DYLAN DELIVERY COMPANY}
\multicolumn{11}{|c|}{Work Sheet}
\multicolumn{11}{|c|}{For Year Ended December 31}
\multirow{2}{*}{Account Title}\multicolumn{2}{|l|}{Unadjusted Trial Balance} \multicolumn{2}{|c|}{Adjustments} \multicolumn{2}{|l|}{Adjusted Trial Balance} \multicolumn{2}{|l|}{Income Statement} \multicolumn{2}{|c|}{Balance Sheet and Statement of Owner's Equity}
Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit
Cash\$ 16,500 \$ 16,500
Accounts receivable11,000 11,000
Supplies1,900
Trucks250,000 250,000
Accumulated depreciation-Trucks\$ 80,000
Land130,000 130,000
Accounts payable25,905 25,905
Interest payable4,000
Long-term notes payable130,000 130,000
S. Dylan, Capital106,460 106,460
S. Dylan, Withdrawals35,000 35,000
Delivery revenue301,785 301,785
Depreciation expense-Trucks50,000 126,750
Salaries expense126,750
Supplies expense14,000
Interest expense4,000 9,000
Repairs expense9,000
Totals\$ 648,150 \$ 648,150 \$ 0 \$ 0 \$ 407,500 \$ 564,150 135,750 0 35,000 0
Net Income
Totals\$ 135,750 \$ 0 \$ 35,000 0
\multicolumn{11}{|c|}{DYLAN DELIVERY COMPANY} | ||||||||||
\multicolumn{11}{|c|}{Work Sheet} | ||||||||||
\multicolumn{11}{|c|}{For Year Ended December 31} | ||||||||||
\multirow{2}{*}{Account Title} | \multicolumn{2}{|l|}{Unadjusted Trial Balance} | \multicolumn{2}{|c|}{Adjustments} | \multicolumn{2}{|l|}{Adjusted Trial Balance} | \multicolumn{2}{|l|}{Income Statement} | \multicolumn{2}{|c|}{Balance Sheet and Statement of Owner's Equity} | |||||
| Debit | Credit | Debit | Credit | Debit | Credit | Debit | Credit | Debit | Credit | |
Cash | \$ 16,500 | \$ 16,500 | ||||||||
Accounts receivable | 11,000 | 11,000 | ||||||||
Supplies | 1,900 | |||||||||
Trucks | 250,000 | 250,000 | ||||||||
Accumulated depreciation-Trucks | \$ 80,000 | |||||||||
Land | 130,000 | 130,000 | ||||||||
Accounts payable | 25,905 | 25,905 | ||||||||
Interest payable | 4,000 | |||||||||
Long-term notes payable | 130,000 | 130,000 | ||||||||
S. Dylan, Capital | 106,460 | 106,460 | ||||||||
S. Dylan, Withdrawals | 35,000 | 35,000 | ||||||||
Delivery revenue | 301,785 | 301,785 | ||||||||
Depreciation expense-Trucks | 50,000 | 126,750 | ||||||||
Salaries expense | 126,750 | |||||||||
Supplies expense | 14,000 | |||||||||
Interest expense | 4,000 | 9,000 | ||||||||
Repairs expense | 9,000 | |||||||||
Totals | \$ 648,150 | \$ 648,150 | \$ 0 | \$ 0 | \$ 407,500 | \$ 564,150 | 135,750 | 0 | 35,000 | 0 |
Net Income | ||||||||||
Totals | \$ 135,750 | \$ 0 | \$ 35,000 | 0 | ||||||