Chapter 4 Completing the Accounting Cycle The data needed to determine year-end adjustments are as follows: a. Laundry supplies at June 30 are s3,60o. b. Insurance premiums expired during the year are $5,700 c. Depreciation of laundry equipment during the year is $6,500. d. Wages accrued but not paid at June 30 are $1,100. Instructions 1. or each account listed in the unadjusted trial balance, enter the balance in Identify the balance as "June 30 Bal." In addition, add T accounts for Wages Payable, Depreciation Expense, Laundry supplies Expense, Insurance Expense Income Summary. and 2. the trial balance an end-of-period spread complete ter unadjusted on 5. the spreadsheet. Add the accounts listed in needed and the new and post the adjusting entries. Identify the adjustments by "Adj." balances as "Adj. 4. Prepare an adjusted trial balance. 5. Prepare an income statement, a statement of owner's equity Gno additional investments were made during the year, and a balance sheet. 6. and post the closing entries. Identify the closing entries by "clos." 7. Prepare a post-closing trial balance PR 4.4A Ledger