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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

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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) Other data not yet recorded at December 31 a insurance explsed during the year, $8. b Depreciation expense for the year, $7 c. Salaties and wages payable. $10 d. income tax expense. $12 Required: Using the adjusted balances, prepare the closing journal entry for the year ended December 31 . (If no entry is required for a transoction/event, select "No Journol Entry Required" in the first account field. Enter your answers in thousands, not in dollars (i.e., 10,000 should be entered os 10)

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