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2-a. Prepare an income statement (with Operating Income and Other Items sections) that include the effects of the preceding six transactic 2-b. Prepare a classified
2-a. Prepare an income statement (with Operating Income and Other Items sections) that include the effects of the preceding six transactic 2-b. Prepare a classified balance sheet that include the effects of the preceding five transactions. Complete this question by entering your answers in the tabs below. Prepare an income statement (with Operating Income and Other Items sections) that include the effects of the preceding six transactions. Note: Round "Earnings per share" to 2 decimal places. 2-a. Prepare an income statement (with Operating Income and Other Items sections) that include the effects of the preceding six transactions. 2-b. Prepare a classified balance sheet that include the effects of the preceding five transactions. Complete this question by entering your answers in the tabs below. Prepare a classified balance sheet that include the effects of the preceding six transactions. Note: Amounts to be deducted should be indicated by a minus sign. Data not yet recorded at December 31 included: a. The supplies count on December 31 reflected $220 in remaining supplies on hand to be used in the next year. b. Insurance expired during the current year, $790. c. Depreciation expense for the current year, $3,700. d. Wages earned by employees not yet paid on December 31,$530. e. Three months of interest expense (for the note payable borrowed on October 1 of the current year) was incurred in the current year. f. Income tax expense, $5,580
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