Required information (The following information apples 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 Wasted Trial for the year tdet Deer 11 best Credit Cash Accounts receivable) Supplies Prepala insurance Service trucks Accumulated depreciation Other assets Accounts payable Mages payable Tice taxes payable Notes payable, long-ter Common stock (5,400 shares outstanding) Additional paid-in capital Retained earnings Service revenue Wages experie maining expenses (not detailed de income tax) Totals 479 17,300 7,100 3,358 12,000 1,896 17,064 18,200 Data 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 curners year, $3,800 d Wages earned by employees not yet paid on December 31, $620 Income tax expense. $5.380 Data not yet recorded at December 3 included The supplies count on December 31 reflected $220 in romaning suppes on hand to be used in the next year b. Insurance expired during the current year, $ c Depreciation expense for the current year, $3.800 Wages earned by employees not yet paid on December 31, $620 d e. Income tax expense, $5.380 24. Prepare an income statement that include the effects of the preceding five transactions Blount Tamangs pes de 2 decimal places) Emings per TUNSTALL, WC one Statement 2.b. Prepare a classified balance sheet that include the effects of the preceding five transactions. (Amounts to be deducted should be Indicated by a minus sign) TUNSTALL, INC Balance Sheet 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 Prepaid insurance Service trucks Accumulated depreciation Other assets Tunstall, Inc. Unadjusted Trial Balance for the Year Ended December 31 Debit Credit 46,600 11,800 470 Accounts payable Wages payable Income taxes payable Notes payable, long-term Comon stock (5,400 shares outstanding) Additional paid-in capital 610 17,300 7.800 10,860 2,350 12,000 3,896 17,4 5,see 90,280 16, 200 Beaning tat detailed des coee to) 33,350 (not detailed; excludes income tax) Income tax expense Totals 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 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 earned by employees not yet paid on December 31, $620, e. Income tax expense, $5,380. 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 2. Prepare an income statement that include the effects of the preceding five transactions. (Round "Earnings per share" to 2 decimal places) TUNSUNCE, INC Income Statement Eamings per share 0 2-b. Prepare a classified balance sheet that include the effects of the preceding five transactions. (Amounts to be deducted should be Indicated by a minus sign) TUNSTALL INC Balance Sheet D 0 $ o S 0