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Mint Cleaning Inc. prepared the following unadjusted trial balance at the end of its second...

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Accounting

Mint Cleaning Inc. prepared the following unadjusted trial balance at the end of its second year of operations ending December 31.

Account Titles Debit Credit
Cash $ 47
Accounts Receivable 9
Prepaid Insurance 4
Equipment 98
Accumulated Depreciation $ 0
Accounts Payable 9
Common Stock 94
Retained Earnings 10
Sales Revenue 99
Insurance Expense 0
Salaries and Wages Expense 19
Supplies Expense 35
Totals $ 212 $ 212

Other data not yet recorded at December 31:
a. Insurance expired during the year, $2.
b. Depreciation expense for the year, $1.
c. Wages payable, $4.
d. Income tax expense, $6.

(a) The issuance of these bonds on January 1.
(b) The first interest payment on December 31.

1.

Indicate the effects of the amounts for the above transactions

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