[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, December 31, 2014 Credit Debit $ 42,000 11600 900 800 19.000 $ 9,200 8.300 3,000 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 (5,000 shares outstanding) Additional pald-in capital Retained earnings Service revenue Remaining expenses (not detailed excludes income tax) income tax expense 17,000 400 19,000 6,000 61,360 33,360 $ 115,960 $ 115.960 Totals Data not yet recorded at December 31, 2014, Included: a. The supplies count on December 31, 2014, reflected $300 remaining supplies on hand to be used in 2015 b. Insurance expired during 2014, 5800, c. Depreciation expense for 2014, $3,700. d. Wages eamed by employees not yet paid on December 31, 2014, $640, o. Income tax expense, 35,540, Required: 1. Record the 2014 adjusting entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list . EX: 1 The supplies count valued at $900 on December 31, 2014, reflected $300 remaining supplies on hand to be used in 2015. 300 2 Record the insurance expired but not recorded, $800. 3 Record depreciation expense, $3,700. 4 Record the wages earned but not yet paid, $640. Credit 5 Record the income tax expense, $5,540. Note: journal entry has been entered Record entry Clear entry View general Journal 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 For the Year Ended December 31, 2014 Operating revenue: Operating expenses: Total expenses Earnings per share 3. Record the 2014 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