PROBLEM 4-2A The trial balance of Clayton Cleaners for the month ended September 30 is as follows: Account Name Clayton Cleaners Trial Balance September 30, 20- QuickBooks Cash Debit Credit Supplies Prepaid Insurance Equipment Accumulated Depreciation, Equipment Accounts Payable K. Clayton, Capital K. Clayton, Drawing Income from Services Wages Expense Rent Expense Utilities Expense Telephone Expense Miscellaneous Expense Data for the adjustments are as follows: a. Expired or used-up insurance, $800. b. Depreciation expense on equipment, $2,700. 2.589 652 1,136 21.752 14,357 2,647 28,169 21,359 40,850 23,983 11,673 1,254 1,144 481 86,023 86,023 c. Wages accrued or earned since the last payday, $585 (owed and to be paid on the next payday). d. Supplies remaining at the end of month, $230. Required 1. Complete a work sheet. (Skip this step if using QuickBooks or general ledger.) 2. Journalize the adjusting entries. MENTS Check Figure Net Loss, $2,192 45