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 year, $14. b. Wages payable, $14. c. Depreciation expense for the current year, $16. d. Income tax expense, $9. Required: 1. Prepare the adjusting entrles for the current year. 2. Complete the trial balance Adjustments and Adjusted columns. The "Reference" column is for the reference letter of the adjusting entry effect. Prepare the adjusting entries for the current year. Note: If no entry is required for a transaction/event, select "No journal entry required" in the 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 credits. GREEN VALLEY COMPANY Trial Balance December 31, Current Year