Chapter 4 Part 2 Homework New Due Date Saved Help 3 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.) Part 3 of 7 0.71 points 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 Debit Credit $ 55 4 7 114 $ 4 110 14 122 0 27 43 $250 $250 Skipped eBook Hi 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. Print References 3. By what amount would net income have been understated or overstated had the adjusting journal entries not been recorded? (Enter your answers in thousands of dollars.) Nat income MC Graw