Refer to Surf Suds Laundry in Problem 4-4A. After completing instruction 1, enter the unadjusted trial balance for Surf Suds Laundry on an end-of-period spreadsheet (work sheet) and complete the spreadsheet. Add the accounts shown in instruction 1 as needed. Then complete instructions 2 through 6.
In problem
The unadjusted trial balance of Surf Suds Laundry at December 31, 2015, is shown below.

The data needed to determine year-end adjustments are as follows:
a. Wages accrued but not paid at December 31 are $1,250.
b. Depreciation of equipment during the year is $9,500.
c. Laundry supplies on hand at December 31 are $2,900.
d. Insurance premiums expired during the year are $6,000.
Instructions
1. For each account listed in the unadjusted trial balance, enter the balance in a T account. Identify the balance as €œDec. 31 Bal.€ In addition, add T accounts for Wages Payable, Depreciation Expense, Laundry Supplies Expense, Insurance Expense, and Income Summary.
2. Journalize and post the adjusting entries. Identify the adjustments by €œAdj.€ and the new balances as €œAdj. Bal.€
3. Prepare an adjusted trial balance.
4. Prepare an income statement, a statement of owner€™s equity (no additional investments were made during the year), and a balance sheet.
5. Journalize and post the closing entries. Identify the closing entries by €œClos.€
6. Prepare a post-closing trial balance.

Surf Suds Laundry Unadjusted Trial Balance December 31, 2015 Debit Balances Credit Balances Cas Laundry Supplies Prepaid Insurance Laundry Equipment Accumulated Depreciatio Accounts Payable Hilda Dinero, Capital Hilda Dinero, Withdrawals Laundry Revenue Wages Expense Rent Expense Utilities Expense Miscellaneous Expense 4,350 11,250 7,200 163,500 dry Equipment 61,500 9,300 56,700 3,000 247,500 107,250 54,000 20,400 4,050 375,000 375,000