Mint Cleaning Inc. prepared the following unadjusted trial balance at the end of its second year of operations ending December 31.

Account Titles	Debit			Credit
Cash	$	47
Accounts Receivable		9
Prepaid Insurance		4
Equipment		98
Accumulated Depreciation				$	0
Accounts Payable					9
Common Stock					94
Retained Earnings					10
Sales Revenue					99
Insurance Expense		0
Salaries and Wages Expense		19
Supplies Expense		35
Totals	$	212		$	212

Other data not yet recorded at December 31:
a.	Insurance expired during the year, $2.
b.	Depreciation expense for the year, $1.
c.	Wages payable, $4.
d.	Income tax expense, $6.

(a)	The issuance of these bonds on January 1.
(b)	The first interest payment on December 31.

1.	Indicate the effects of the amounts for the above transactions