Mint Cleaning Incorporated 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	$ 48
Accounts Receivable	10
Prepaid Insurance	5
Equipment	100
Accumulated Depreciation		$ 0
Accounts Payable		10
Salaries and Wages Payable		0
Income Tax Payable		0
Common Stock		96
Retained Earnings		11
Sales Revenue		102
Insurance Expense	0
Salaries and Wages Expense	20
Supplies Expense	36
Income Tax Expense	0
Totals	$ 219	$ 219

Other data not yet recorded at December 31:

Insurance expired during the year, $4.

Depreciation expense for the year, $3.

Salaries and wages payable, $6.

Income tax expense, $8.

Required:

2-a. Post the beginning balances and adjusting entries to the following T-accounts.

2-b. Prepare an adjusted trial balance as of December 31.