Mint Cleaning Inc. prepared the following unadjusted trial balance at the end of its second year of operations, ending December 31, 2017. To simplify this exercise, the amounts given in the unadjusted trial balance are in thousands of dollars. Credit Debit $ 56 18 24 116 $ Account Titles Cash Accounts Receivable Prepaid Insurance Machinery Accumulated Depreciation Accounts Payable Contributed Capital Retained Earnings Sales Revenue Administrative Expenses Wages Expense 0 18 112 13 134 44 19 Totals $ 277 $ 277 Required: 1. Prepare the adjusting journal entries for 2017. (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 x 1 Insurance expired during 2017, $14. 2 Depreciation expense for 2017, $13. 3 Wages payable, $16. 4 Income tax expense, $18. Credit Note : = journal entry has been entered Record entry Clear entry View general journal 2. Using T-accounts, determine the adjusted balances in each account and prepare an adjusted trial balance as of December 31, 2017 (Enter your answers in thousands of dollars.) Cash 56 Accounts Receivable 18 Beg. bal. Beg. bal. End. bal. 56 End, bal. 18 Prepaid Insurance 24 Machinery 116 Beg. bal. Beg. bal. End. bal. 24 End. bal. 116 Accounts Payable Accumulated Depreciation 0 Beg. bal. Beg. bal. 18 End. bal. End. bal. 18 Wages Payable Income Tax Payable Beg. bal. Beg. bal. End. bal. End. bal. Contributed Capital 1121 Retained Earnings 13 Beg. bal. Beg. bal. End. bal. 112 End. bal. 13 MINT CLEANING INC. Adjusted Trial Balance December 31, 2017 (in thousands of dollars) Account Titles Debit Credit Cash Accounts receivable Prepaid insurance Machinery Accumulated depreciation Accounts payable Wages payable Income tax payable Contributed capital Retained earnings Sales revenue Administrative expenses Wages expense Depreciation expense Insurance expense Income tax expense Totals $ 0$ 0