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Required information [The following information applies to the questions displayed below.] Mint Cleaning Inc. prepared the following unadjusted trial balance at the end of its

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Required information [The following information applies to the questions displayed below.] 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.) Credit Debit $ 38 9 6 80 Account Titles Cash Accounts Receivable Prepaid Insurance Equipment Accumulated Depreciation Accounts Payable Common Stock Retained Earnings Sales Revenue Insurance Expense Salaries and Wages Expense Supplies Expense Totals $0 9 76 4 80 18 26 $169 $169 Other data not yet recorded at December 31 LINER EISET TAPISIVARE SETTES FORET Required information View transaction list Journal entry worksheet K Record the closing entry for the year ended December 31. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 5 Insurance Expense Prepaid Insurance Retu 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, $9. Required: Using the above adjusted balances, prepare a classified balance sheet for the year ended December 31. (Enter your answers in thousands of dollars. Amounts to be deducted should be indicated by a minus sign.) Answer is not complete. MINT CLEANING INC Balance Sheet At December 31 (in thousands of dollars) Llabilities Assets Current Liabilities Current Assets

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