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	$	38
Accounts Receivable		9
Prepaid Insurance		6
Machinery		80
Accumulated Depreciation				$	0
Accounts Payable					9
Contributed Capital					76
Retained Earnings					4
Sales Revenue					80
Administrative Expenses		26
Wages Expense		10
Totals	$	169		$	169

Other data not yet recorded at December 31 are as follows:

1. Insurance expired during the year, $5.
2. Depreciation expense for the year, $4.
3. Wages payable, $7.
4. Income tax expense, $9.

Required: 1. Prepare the adjusting journal entries for the year ended December 31.

a) Insurance expired during the year, $5.

b)Depreciation expense for the year, $4.

c)Wages payable, $7.

d)Income tax expense, $9

2. Using T-accounts, determine the adjusted balances in each account and prepare an adjusted trial balance as of December 31.