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Tunstal, incorporated, a small service company, keeps its records without the help of an accountant. After much effort, an outside aceountant prepared the following unadjusted

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Tunstal, incorporated, a small service company, keeps its records without the help of an accountant. After much effort, an outside aceountant prepared the following unadjusted trial balance as of the end of the annual accounting period on December 3t: Data not yet recorded at December 31 included: a. The supplies count on December 31 refiected $160 in remaining supplies on hand to be used in the next year. b. Insurance expired during the current year, $740. c. Depreciation expense for the curnent year, $3,400. d. Woges earned by employees not yet paid on December 31,$620. e. Three months of interest expense (for the note poyable borrowed on October 1 of the current year) was incurred in the current year. t income tax expense, $4,980. 2-a. Prepare an income stotement (with Operating income and Other ltems sections) that include the effects of the preceding six transoctions: 2-b. Prepare a classified balance sheet that include the effects of the preceding five transactions. Complete this question by entering your answers in the tabs below

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