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

Tunstall, Incorporated, 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:

Tunstall, Incorporated
Unadjusted Trial Balance
At December 31
	Debit	Credit
Cash	47,900
Accounts receivable	11,600
Supplies	620
Prepaid insurance	710
Service trucks	16,200
Accumulated depreciation		9,100
Other assets	10,560
Accounts payable		2,380
Wages payable
Income taxes payable
Notes payable (3 years; 10% interest due each September 30)		11,000
Common stock (5,800 shares outstanding)		2,006
Additional paid-in capital		18,054
Retained earnings		5,500
Service revenue		88,960
Wages expense	16,200
Remaining expenses (not detailed; excludes income tax)	33,210
Income tax expense
Totals	137,000	137,000

Data not yet recorded at December 31 included:

The supplies count on December 31 reflected $240 in remaining supplies on hand to be used in the next year.

Insurance expired during the current year, $710.

Depreciation expense for the current year, $4,000.

Wages earned by employees not yet paid on December 31, $550.

Three months of interest expense (for the note payable borrowed on October 1 of the current year) was incurred in the current year.

Income tax expense, $5,680.

Required:

1. Prepare the adjusting entry needed at December 31. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field.

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

Tunstall, Incorporated, 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:

Tunstall, Incorporated
Unadjusted Trial Balance
At December 31
	Debit	Credit
Cash	47,900
Accounts receivable	11,600
Supplies	620
Prepaid insurance	710
Service trucks	16,200
Accumulated depreciation		9,100
Other assets	10,560
Accounts payable		2,380
Wages payable
Income taxes payable
Notes payable (3 years; 10% interest due each September 30)		11,000
Common stock (5,800 shares outstanding)		2,006
Additional paid-in capital		18,054
Retained earnings		5,500
Service revenue		88,960
Wages expense	16,200
Remaining expenses (not detailed; excludes income tax)	33,210
Income tax expense
Totals	137,000	137,000

Data not yet recorded at December 31 included:

The supplies count on December 31 reflected $240 in remaining supplies on hand to be used in the next year.

Insurance expired during the current year, $710.

Depreciation expense for the current year, $4,000.

Wages earned by employees not yet paid on December 31, $550.

Three months of interest expense (for the note payable borrowed on October 1 of the current year) was incurred in the current year.

Income tax expense, $5,680.

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.

[The following information applies to the questions displayed below.] Tunstall, Incorporated, a small service company, keeps its records without the help of an accountant. After much effort, an outside accountant prepared the following unadjusted trlal balance as of the end of the annual accounting period on December 31 : Data not yet recorded at December 31 Included: a. The supplies count on December 31 reflected $240 In remaining supplies on hand to be used in the next year. b. Insurance explred during the current year, $710. c. Depreclation expense for the current year, $4,000. d. Wages earned by employees not yet paid on December 31,$550. 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, $5,680. Required: 1. Prepare the adjusting entry needed at December 31 . Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Required linformation [The following infonmetion applies to the questions displayed below.] Tunstel, Incorporeted, s smel service compsny, keepa its records whout the help of an sccourtsnt. After much effort, an autade accountant prepsed the follawing ungolusted trisl balance as af the end of the annusl accounting period an December 3t Dats not yet recorded at December 31 included: 2. The supples count on December 31 refected $240 in remsining supples on hand ta be used in the next yesr. b. lnsursnce explred during the current year, $710. c. Deprecietian expenie for the current yesr, 54,000 . d. Weges earned by employees not yet peid on December 31,5560 . - Three months of interest expense (forthe note psysble borrowed on Outober 1 of the currentyear) wes incurred in the current yeer f. lncome tax expense, 55,690 . 2-a. Prepore an income statement (with Opersting Income snd Cther liemz sections) thet include the eifects of the precealng slx transsctions. 2-b. Prepsre a ciosified balance sheet that include the effecti of the preceding five transsctions. Complete this question by entering your answers in the tabs below. Prepare an inoome trabement (with Operating Lnmome and Cther Items eectians) that induce the cffocts of the preceding six transactinns. Note: found "Earnings per share" to 2 decimal places. Required Information [The following infometion applies to the questions disployed below.] Tunstal, Incorporated, 5 smel service compsny, keeps its records whthout the help of an sccountsnt. After much effort, an autsde accountant prepsred the follawing unsaluated trisl balance as af the end of the annusl accounting period an December 3t Dats not yet recorded at December 51 included: a. The supples count on December 51 refiected $240 in remsining supples an hand to be used in the next yesr. b. Insursnce explied during the current yesr, $710. c. Deprecietian expense for the current yesr, $4,000 d. Weges earned by employees not yet poid on December 51,$550. e. Three month of interest expense (for the note psysble borrowed on Ortober 1 of the currentyear) wea incurred in the current year f. lncome tsx expense, $5,690. 2-a. Prepore sn lncome statement (with Opersting Income snd Other Itemi sections) that include the eifects of the preceding six transsctions. 2 -b. Prepsre a ciossified balance sheet that include the effects of the preceding five transoctions. Complete this question by entering your answers in the tabs below. Prepare a doasified balance sheet that indude the effocts of the preceding six tranestions. Note: Amaunts to be deducted should be inclicated by a minus sian