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Green Valley Company prepared the following trial balance at the end of its first year of operations ending December 31 . To simplify the case,

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Green Valley Company prepared the following trial balance at the end of its first year of operations ending December 31 . To simplify the case, the amounts given are in thousands of dollars. Other data not yet recorded at December 31 include a. Insurance expired during the current yeat, \$14. b. Wages payable. $14 c. Depreciation expense for the current yeat, $16. d. income tax expense, \$99 Required: 1. Prepare the adjusting entries for the current yeat epare the adjusting entries for the current year, (If no entry is required for a transaction/event, select "No journal entry required" in ef first account field. Enter your answers in thousands.) Journal entry worksheet Record the insurance expired in current year but not recorded, $14. Note: Enter debits before creaits: Journal entry worksheet 4 Record the wages payable not recorded, $14. Note: Enter debits before credits. Journal entry worksheet

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