Green Valley Company prepared the following trial balance at the end of its first year of operations ending December 31. To simplity the case, the amounts given are in thousands of dolars Account Titles Debit Credt receivable 25 20 87 Accounts payable Wages payable Income taxes payable Common stock (4,000 shares) Additional paid-in capital 21 67 19 122 Revenues (not detaled) Expenses Totals Other data not yet recorded at December 31 include: a. Insurance expired during the current year, $14. b. Wages payable, $14 c. Depreciaton expense for the current year, $16. d. Income tax expense, $13. Required: 1. Prepare the adjusting entries for the current year. (If no entry is required for a transactionievent, select "No journal entry required" in the first account field. Enter your answers in thousan View transaction list Journal entry worksheet Record the insurance expired in current year but not recorded, $14 Note: Enter debits before credits. Record entry Clear entry View general journal Required: the adjusting entries for the current year (If no entry is required for a transactionlevent, select "No journmal entry required" in the first account field. Enter your answers in thousands.) View transaction list Journal entry worksheet Record the wages payable not recorded, $14 Debit Reoord entry Clear entry View general journal the adjusting entries for the current year. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in thousands.) View tr Journal entry worksheet Record the depreciation, $16 General Journal Debit Record entry Clear entry View general journal