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ANSWER: OURNAL ENTRY CREDIT NO. GENERAL JOURNAL Dr 230 To Supplies 230 Insurance Exps To record insurance expired) Depreciation exs Dr To Prepaid Insurance A

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ANSWER: OURNAL ENTRY CREDIT NO. GENERAL JOURNAL Dr 230 To Supplies 230 Insurance Exps To record insurance expired) Depreciation exs Dr To Prepaid Insurance A Dr 3.900 To Accumulated depreciation A 3,900 a/c Dr 670 To wages payable A/c 670 (To record wages earned ) Income tax Dr Alt 4980 To Income tax Payable To record income tax 4980 2-a. Prepare an income statement that include the effects of the preceding five transactions. (Round "Earnings per share" to 2 decimal places.) TUNSTALL, INC Income Statement Earnings per share

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