Tunstall, Incorporated, 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, Incorporated Unadjusted Trial Balance Cash Accounts receivable. Supplies Prepaid insurance Service trucks Accumulated depreciation Other assets At December 311 Debit Credit 46,700 11,800 570 630 17,100. 9,100 10,860 2,370 Accounts payable Wages payable Income taxes payable Common stock (5,200 shares outstanding) Notes payable (3 years; 10% interest due each September 30) 14,000 2,016 Additional paid-in capital 18,144 Retained earnings 4,900 Service revenue 86,610 Wages expense 16,200 Remaining expenses (not detailed; excludes income tax) Income tax expense 33,280 Totals 137,140 137,140 Data not yet recorded at December 31 included: a. The supplies count on December 31 reflected $140 in remaining supplies on hand to be used in the next year. b. Insurance expired during the current year, $630. c. Depreciation expense for the current year, $4,100. d. Wages earned by employees not yet paid on December 31, $690. e. Three months of interest expense (for the note payable borrowed on October 1 of the current year) was incurred in the current year. f. Income tax expense, $5,780. Journal entry worksheet < 1 Record the closing entry. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit + Record entry Clear entry View general journal