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I need help creating the four journal entries based on A, B, C, and D Required information [The following information applies to the questions displayed
I need help creating the four journal entries based on A, B, C, and D
Required information [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 $ 42 13 5 88 $ 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 0 13 84 6 89 0 14 30 $192 $192 Other data not yet recorded at December 31: a. Insurance expired during the year, $4. b. Depreciation expense for the year, $3. C. Salaries and wages payable, $6. d. Income tax expense, $8. Required: 1. Prepare the adjusting journal entries for the year ended December 31. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in thousands of dollars.) View transaction list Journal entry worksheetStep by Step Solution
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