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Required information

E$4-16$ through E$4-18($Algo$)$ Recording Four Adjusting Journal Entries, Preparing an Adjusted Trial Balance, Reporting an Income Statement, Statement of Retained Earnings, Balance Sheet, Recording Closing Entries $[$LO $4-2,$ LO $4-3,$ LO $4-4,$ LO $4-5]$

$[$The following information applies to the questions displayed below.$]$

Mint Cleaning Incorporated prepared the following unadjusted trial balance at the end of its second year operations ending December $31.($Assume amounts are reported in thousands of dollars.$)$

$\backslash$table$[[$Account Titles,Debit,Credit$],[$Cash$,$$$58,],[$Accounts Receivable,$7,],[$Prepaid Insurance,$10,],[$Equipment$,120,],[$Accumulated Depreciation,,$$0$