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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
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.) Account Titles Debit Credit Cash $ 51 Accounts Receivable 13 Prepaid Insurance 8 Equipment 106 Accumulated Depreciation $ @ Accounts Payable 13 Common Stock 102 Retained Earnings 16 Sales Revenue 109 Insurance Expense Salaries and Wages Expense 23 Supplies Expense 39 Totals $240 $240 @ Other data not yet recorded at December 31 a. Insurance expired during the year, $5. b. Depreciation expense for the year, $4. c. Salaries and wages payable, $7. d. Income tax expense, 59. Cash Accounts Receivable Beg. Bal. Beg. Bal End. Bal. 0 End. Bal. 0 Prepaid Insurance Equipment Beg Bal Beg. Bal. a. End. Bal 0 End. Bal Accumulated Depreciation Accounts Payable Beg. Bal. Beg. Bal. End. Bal 0 End. Bal 0 Salaries and Wages Payable Income Tax Payable Beg. Bal. Beg. Bal. c 0 0 End. Bal End. Bal. Common Stock Retained Earnings Beg Bal Beg. Bal. End. Bal. 0 End. Bal 0 Sales Revenue Supplies Expense Beg. Bal Beg Bal. End. Bal. 0 End. Bal Salaries and Wages Expense Depreciation Expense Beg. Bal Beg. Bal. End. Bal. 0 End. Bal 0 Insurance Expense Income Tax Expense Beg. Bal. Beg. Bal. End. Bal 0 End. Bal. 0 FRA 2A Req 2B >
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