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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

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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 Tunstall, Inc. Unadjusted Trial Balance for the Year Ended December 31 Credit Debit 47,200 10,400 610 698 17,200 8,380 19,060 2,390 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 (5,800 shares outstanding) Additional paid in capital Retained earnings Service revenue Wages expense Remaining expenses (not detailed; excludes income tax) Income tax expense Totals 15,000 1,926 17,334 5,000 85,700 16,200 33,290 135,650 135,650 Data not yet recorded at December 31 included: a. The supplies count on December 31 reflected $170 in remaining supplies on hand to be used in the next year b. Insurance expired during the current year, $690. c. Depreciation expense for the current year, $3,600. d. Wages earned by employees not yet paid on December 31, 5680. e. Income tax expense, $5,280 Required: 1. Record the adjusting entries (if no entry is required for a transaction/event, select "No journal entry required" in the fin field.) View transaction list View journal entry worksheet No Transaction General Journal Debit Credit 1 a Supplies expense Supplies 440 440 2 b Insurance expense Prepaid insurance 690 690 3 Depreciation expense Accumulated depreciation 3,600 3,600 4 d 680 Wages expense Wages payable 680 5 Income tax expense Income taxes payable 5,280 5,280 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 Tunstall, Inc. Unadjusted Trial Balance for the Year Ended December 31 Credit Debit 47,200 10,400 610 698 17,200 8,380 19,060 2,390 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 (5,800 shares outstanding) Additional paid in capital Retained earnings Service revenue Wages expense Remaining expenses (not detailed; excludes income tax) Income tax expense Totals 15,000 1,926 17,334 5,000 85,700 16,200 33,290 135,650 135,650 Data not yet recorded at December 31 included: a. The supplies count on December 31 reflected $170 in remaining supplies on hand to be used in the next year b. Insurance expired during the current year, $690. c. Depreciation expense for the current year, $3,600. d. Wages earned by employees not yet paid on December 31, 5680. e. Income tax expense, $5,280 Required: 1. Record the adjusting entries (if no entry is required for a transaction/event, select "No journal entry required" in the fin field.) View transaction list View journal entry worksheet No Transaction General Journal Debit Credit 1 a Supplies expense Supplies 440 440 2 b Insurance expense Prepaid insurance 690 690 3 Depreciation expense Accumulated depreciation 3,600 3,600 4 d 680 Wages expense Wages payable 680 5 Income tax expense Income taxes payable 5,280 5,280

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