Hi, I would really appreciate some help with this question. I need to figure out how to do closing entries for this question:

I cant figure out the numbers or accounts to use, so you help would be much appreciated!

- Betina Farinetti Bentdal

Tunstall, Inc., a small service company, keeps its records without the help of an accountant. After much effort, an outside accountant prepared the following unadjusted trial balance as of the end of the annual accounting period on December 31: Credit Debit $ 47,900 11,200 460 600 17,700 $ 7,900 9,760 2,270 Account Titles Cash Accounts receivable Supplies Prepaid insurance Service trucks Accumulated depreciation Other assets Accounts payable Wages payable Income taxes payable Note payable (3 years; 10% interest due each December 31) Common stock (4,800 shares outstanding) Additional paid-in capital Retained earnings Service revenue Remaining expenses (not detailed; excludes income tax) Income tax expense Totals 13,000 1,866 16,794 4,800 74,290 33, 300 $ 120,920 $ 120,920 Data not yet recorded at December 31 included: a. The supplies count on December 31 reflected $210 in remaining supplies on hand to be used in the next year. b. Insurance expired during the current year, $600. c. Depreciation expense for the current year, $3,600. d. Wages earned by employees not yet paid on December 3, $690. e. Income tax expense, $5,780. P4-7 Part 3 3. Record the closing entry. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet