UNADJUSTED ADJUSTMENTS ADJUSTED Account Titles Debit Credit Ref. Debit Credit Debit Credit Cash 20 Accounts receivable 13 8 85 11 Prepaid insurance Machinery Accumulated depreciation Accounts payable Wages payable Income taxes payable Common stock (4.000 shares) Additional paid in capital Retained earnings Revenues (not detailed) Expenses (not detailed) 4 67 6 82 32 Revenues (not detailed) 82 32 Expenses (not detailed) Totals 164 164 Other data not yet recorded at December 31 include a. Insurance expired during the current year, $6. b. Wages payable, $4. c. Depreciation expense for the current year, $9. d. Income tax expense, $7. Required: 1. Prepare the adjusting entries for the current year. 2. Complete the trial balance Adjustments and Adjusted columns. 2. Complete the trial balance Adjustments and Adjusted columns. E4-21 Reporting an Income Statement, Statement of Stockholders' Equity, and Balance Sheet LO4-2 Refer to E4-20 Required: Using the adjusted balances for Green Valley Company in E4-20, prepare an income statement, statement of stockholders' equity, and balance sheet for the current year