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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

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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 UBANTUSTED Account Title Debat Credit Cash 10 Accounts receivable 15 Prepaid intrance 10 Machinery 77 Acculated depreciation account payable 11 Vapes payable Income tax payable Connon stock (8.000 shares) Additional paid-in capital 57 Rated eaming Revenues not detailed 78 Expenses not detailed) 25 Totals 154 154 Other data not yet recorded at December 31 include a Insurance expired during the current year, 56. b. Wages payable, 59 Depreciation expense for the current year, 511 d. Income tax expense, $12 Required: 1. Prepare the adjusting entries for the current year, 2. Complete the trial balance Adjustments and Adjusted columns. The "Ref column is for the reference letter of the adjusting entry effect Complete this question by entering your answers in the tabs below Required 1 Required 2 Prepare 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 transaction ist Required: 1. Prepare the adjusting entries for the current year, 2. Complete the trial balance Adjustments and Adjusted columns. The "Ret" column is for the reference letter of the adjusting entry effect Complete this question by entering your answers in the tabs below. Required i Required 2 Prepare the adjusting entries for the current year. (It no entry is required for a transaction/event, select "No journal entry required in the first account field. Enter your answers in thousands) View transaction list Journal entry worksheet

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