Business, 03.06.2021 05:00 laequity3393

Part 1 of 2 Required information
(The following information applies to the questions displayed below.)
Mint Cleaning Inc. prepared the following unadjusted trial balance at the end of its second year of operations ending
December 31. (Assume amounts are reported in thousands of dollars.)
2
points
eBook
Account Titles
Cash
Accounts Receivable
Prepaid Insurance
Equipment
Accumulated Depreciation
Accounts Payable
Common Stock
Retained Earnings
Sales Revenue
Insurance Expense
Salaries and Wages Expense
Supplies Expense
Totals
Debit Credit
$ 49
11
6
102
$ ©
11
98
12
105
det
Hint
21
37
$226
Print
$226
References
Other data not yet recorded at December 31:
a. Insurance expired during the year, $2.
b. Depreciation expense for the year, $1.
c. Salaries and wages payable, $4.
d. Income tax expense, $6.
Required:
1. Prepare the adjusting journal entries for the year ended December 31. (If no entry is required for a transaction/event, select "No
Journal Entry Required" in the first account field. Enter your answers in thousands of dollars.)

Answers: 2

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