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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 $6,310.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 $1,400.
Problem 1. Use the above information about the company's adjustments to complete a 10-column work sheet.
Problem 2a. Prepare the year-end closing entries for Dylan Delivery Company as of December 31.
Problem 2b. Determine the capital amount to be reported on the December 31, balance sheet. Note: S. Dylan, Capital was $200,351 on December 31 of the prior year.
The loan is for $32,000, and the monthly payments are $620. If the loan will be paid off over the next 60 months, what is the APR of the loan?
What is? Avicorp's pre-tax cost of? debt? Note: Compute the effective annual return.If Avicorp faces a 40 % tax? rate, what is its? after-tax cost of? debt?
Job 121 was completed during September, but was unsold as of the end of the month. Jobs 120 and 122 were still in process on September 30. What is the predetermined overhead rate?
On February 26 a hurricane destroyed the entire inventory stored in a warehouse owned by the Rockford Corporation.
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