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Accounting

2022, Question list xz Question 1 e Question 2 e Question 3 e Question 4 MPS, Inc. has the following unadjusted account balances as of December 31 , the company's year-end: (Click the icon to view the unadjusted balances.) At year-end, MPS made the following adjusting journal entries to properly record revenues and expenses. (Click the icon to view the December 31 , 2022 adjusting entries.) Read the requirements. Requirement a. Prepare an unadjusted trial balance for MPS, Inc. as of December 31, 2022. (Exclude any accounts with a zero balance from the trial balance.) MPS, Inc. Unadjusted Trial Balance x December 31 , 2022 adjusting entries At December 31, Account 2022 Debit Credit O Unadjusted balances Cash: $430,000 Accounts Receivable: $2,000 Prepaid Insurance: $14,000 Prepaid Rent: $22,000 Equipment: $60,000 Accumulated DepreciationEquipment: $0 Accounts Payable: $10,000 Common Stock: $16,000 Sales Revenue: $823,100 Wage Expense: $290,400 Utilities Expense: $11,200 Insurance Expense: $8,500 Rent Expense: $11,000 Depreciation ExpenseEquipment: $0 x help Adjusting entry 1 (AJEI): Account Insurance Expense Prepaid Insurance Adjusting entry 2 (AJE2): Account Rent Expense Prepaid Rent Adjusting entry 3 (AJE3): Account Wage Expense Wages Payable Adjusting entry 4 (AJE4): Account Depreciation ExpenseEquipment Accumulated DepreciationEquipment December 31 14,000 14,000 December 31 11 ,ooo 11 ,ooo December 31 26,000 26,000 December 31 4,000 4,000