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Required $2$a

Required $2$b

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.

TUNSTALL, INCORPORATED

Balance Sheet

At December $31$ of the Current Year

$\backslash$table$[[$Current assets,Current liablities$],[$Cash$,$$$,47,200,$Accounts payable,$$,2,230],[$Accounts receivable,,$10,700,$Wages payable,,$670],[$Supplies$,,630,$Income taxes payable,,$5,780],[?],[?],[$Total current assets,$$,58,530,$Total current liabilities,$$,8,680],[$Other assets,,$10,260,$Note payable, long$-$term,,$15,000],[$Service trucks,,$16,200,,,],[$Accumulated depreciation,,$(9,100),$Total liabilities,$$,23,680],[,,$Stockholders' equity$],[$P$,,,$Common stock,,$1,956],[7,,,$Retained earnings,,$5,500],[$r$,,,$Additional paid$-$in capital,,$17,604],[(],[,,,$Total stockholders' equity,$$,25,060],[$Total assets,$$,75,890,$Total liabilities and stockholders' equity,$$,48,740]]$