ccounting Cycle for a Service Business: Analyzing Business PROBLEM 4-24 The trial balance of Clayton Cleaners for the month ended September 20 is as follows: Clayton Cleaners Trial Balance September 30, 20- Credit Debit 2,589 652 1,136 21,752 Account Name Cash Supplies Prepaid Insurance Equipment Accumulated Depreciation, Equipment Accounts Payable K. Clayton, Capital K. Clayton, Drawing Income from Services Wages Expense Rent Expense Utilities Expense Telephone Expense Miscellaneous Expense 14,357 2,647 28,169 21,359 40,850 23,983 11,673 1,254 1,144 481 86,023 86,023 Data for the adjustments are as follows: a. Expired or used-up insurance, $800. b. Depreciation expense on equipment, $2,700. C. Wages accrued or earned since the last payday, $585 (owed and to be paid on the next payday). d. Supplies remaining at the end of month, $230. Required 1. Complete a work sheet. (Skip this step if using CLGL.) 2. Journalize the adjusting entries. "If you are using CLGL, use the year 2020 when recording transactions