Required information The following infamanon apples to the questions displayed below) Tunstall, Inc, a small service company, keeps its records without the help of an accountant, Aer ch affort, an cuide accountant prepared the following unadjusted trial balance as of the end of the annual accounting period on December 31 Cash Accounts Pa Supplies Prepaid Insurance Service trucks Accumulated depreciation Other assets Accounts payable Mages payable Income taxes payable djusted Trial Notes payable, long-ter Common stock (5,and shares outstanding) Additional peld-init Retained earnings Service re Remaining expe (not detales; eludes income tax) Total Credit 46,600 470 7,000 38,00 33,35 12,000 Data not yet recorded at December 31 included The supples count on December 31 reflected $220 in remaining suppiles on hand to be used in the next year b Insurance expired during the current year $10 c Depreciation expense for the current year $3.800 d. Wages esmed by employees not yet paid on December 31, $620 Income tax expense, $5,380 The supplies count on December 31 reflected $220 in remaining supplies on hand to be used in the year b Insurance expired during the current year, $610 c Depreciation expense for the current year, $3.800 d. Wages earned by employees not yet paid on December 31, $620 o Income tax expense, $5.380 3. Record the closing entry Of no entry is required for a transaction/event, select "No journal entry required" in the fest account field) Journal entry worksheet Recond closing entry to transfer revenues and expenses to retained earnings. Transaction General Jouma Deb Credit field) way to entry is required for a transaction/event, select "No journal entry required in the first account View transaction Record dosing entry to transfer revenues and expenses to retained namings. J Note journal entry has been entered mings Credit Clest entry View generat jornal Cash Tunstall, Inc. Unadjusted Trial Balance for the Year Ended December 31 Debit 46,600 Credit Accounts receivable Supplies Prepaid insurance Service trucks Other assets 11,800 470 Accumulated depreciation Accounts payable Wages payable Income taxes payable Notes payable, long-term Common stock (5,400 shares outstanding) 610 17,300 7,800 10,860 2,350 12,000 1,896 Additional paid-in capital 17.064 Retained earnings 5,800 Service revenue 90,280 Wages expense 16,200 Remaining expenses (not detailed; excludes income tax) 33,350 Income tax expense Totals 137,190 137,190 Required Information [The following information applies to the questions displayed below] 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 Cash Accounts receivable Supplies Prepaid Insurance Service trucks Other assets Tunstall, Inc. Unadjusted Trial Balance for the Year Ended December 31 Accumulated depreciation Accounts payable Mages payable Income taxes payable Notes payable, long-term Common stock (5,400 shares outstanding) Additional paid-in capital Service Hages experise Debit Credit 46,600 11,800 470 610 17,300 7.800 10.60 2.350 12,000 896 16.200 17.004 800 Unadjusted Trial Balance for the Year Ended December 31 Debit Cash 46,600 Accounts receivable 11,0 Supplies 470 Prepaid Insurance 610 Service trucks 17,300 Accumulated depreciation 7,000 other assets 10,800 . Accounts payable 2,350 Mages payable Income taxes payable Notes payable, long-ter Common stock (5,400 shares outstanding) Additional paid-in capital Retained earnings Service revenue Wages expense Remaining expenses (not detailed; excludes income tax) Income tax expense Totals 12,000 1,896) 17,064 5,800 90,200 16.200 33,350 137,190 137,190 Date 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, $610. Depreciation expense for the current year, $3.800 d Wages eamed by employees not yet paid on December 31. $620 e. Income tax expense, $5.380 Cash Accounts receivable Supplies Prepaid Insurance Service trucks Accumulated depreciation Other assets Accounts payable Wages payable Income taxes payable Notes payable, long-term Common stock (5,400 shares outstanding) Additional paid-in capital Retained earnings Service revenue Wages expense Remaining expenses (not detailed; excludes income tax) Income tax expense Totals Debit 46,600 11,000 Credit 470 610 17,300 7,800 10,860 2,350 12,000 1,896 17,064 5,800 90,280 16,200 33,350 137.190 137,190 Data not yet recorded at December 31 Included: a. The supplies count on December 31 reflected $220 In remaining suppiles on hand to be used in the next year b. Insurance expired during the current year. $610. Depreciation expense for the current year, $3.800 Wages earned by employees not yet paid on December 31, $620 e Income tax expense, $5,380 Record closing entry to transfer revenues and expenses to retained earnings. Note: Enter debits before credits Transaction 1 General Journal Debit Credit Hacordantry Centry View generat jouma 1 Record closing entry to transfer revenues and expenses to retained earnings. arnings. Credit Required Information [The following information applies to the questions displayed below] 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 Cash Accounts receivable Supplies Prepaid insurance Service trucks Accumulated depreciation Other assets Tunstall, Inc. Unadjusted Trial Balance for the Year Ended December 31 Accounts payable Wages payable Income taxes payable Notes payable, long-term Common stock (5,400 shares outstanding) Additional paid-in capital Retained earnings Service revenue Mages expense Remaining expenses Debit Credit 46,600 11,800 478 610 17,300 7,800 10,860 2.350 12,000 1,896 17,064 5,800 90,280 16,200