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E4-16 through E4-18 Recording Four Adjusting Journal Entries and Preparing an Adjusted Trial Balance, Reporting an Income Statement, Statement of Retained Earnings, and Balance Sheet

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E4-16 through E4-18 Recording Four Adjusting Journal Entries and Preparing an Adjusted Trial Balance, Reporting an Income Statement, Statement of Retained Earnings, and Balance Sheet and Recording Closing Entries [LO 4-2, LO 4-3, LO 4-4 and LO 4-5) [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) Credit Debit $ 38 9 6 Be 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 $ 9 76 se 10 26 $169 $169 Other data not yet recorded at December 31: a. Insurance expired during the year, $5. b. Depreciation expense for the year, $4. c. Salaries and wages payable, $7. d. Income tax expense, $9. E4-16 Part 2 2-a. Using T-accounts, determine the adjusted balances in each account 2-b. Prepare an adjusted trial balance as of December 31 Complete this question by entering your answers in the tabs below. Req 2A Reg 2B Using T-accounts, determine the adjusted balances in each account. (Enter your answers in thousands of dollars.) Accounts Receivable Cash Beg Ball Beg Bal E4-16 Part 2 2-a. Using T-accounts, determine the adjusted balances in each account. 2-b. Prepare an adjusted trial balance as of December 31, Complete this question by entering your answers in the tabs below. Req 2A Reg 2B Using T-accounts, determine the adjusted balances in each account. (Enter your answers in thousands of dollars.) Cash Accounts Receivable es Beg Bal. Beg Bal End. Bal. 0 End. Bal Prepaid Insurance Equipment Beg Bal. Beg Bal End. Bal. 0 End. Bal. 0 Accumulated Depreciation Accounts Payable Beg. Bal Beg. Bal End, Bal 0 End. Bal 0 Salaries and Wages Payable Income Tax Payable Beg Bal. Beg Bal 0 End, Bal End Bal Required information Beg. Bal. Beg. Bal End. Bal. End. Bal 0 Common Stock Retained Earnings Beg. Bal. Beg. Bal. End. Bal. 0 End. Bal 0 Sales Revenue Supplies Expense Beg. Bal. Beg. Bal. End. Bal. 0 End. Bal 0 Salaries and Wages Expense Depreciation Expense Beg. Bal. Beg Bal End. Bal 0 End. Bal 0 Insurance Expense Income Tax Expense Beg. Bal. Beg. Bal End. Bal. End. Bal.

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