$2-$a$.$ Prepare an income statement $($with Operating Income and Other Items sections$)$ that include the effects of the preceding six Required $2$a

Required $2b$

Prepare a classified balance sheet that include the effects of the preceding six transactions.

Note: Amounts to be deducted should be indicated by a minus sign.

$\backslash$table$[[$TUNSTALL$,$ INCORPORATED$],[$Balance Sheet$],[$P$],[?,?,,],[$Current assets,Current liablities$],[,,,,,],[+,,,,,],[?,,,?,,],[?,,,,,],[+,,,,,],[$Total current assets,$$,0,$Total current liabilities,$$,0],[?,,,,,],[?,,,,,],[$P$,,,$Total liabilities,$$,0],[,,,$Stockholders' equity,,$],[+,,,,,],[+,,,,,],[(,,,,,],[?,,,,,],[,,,$Total stockholders' equity,$$,0],[$Total assets,$$,0,$Total liabilities and stockholders' equity,$$,0]][$The following information applies to the questions displayed below.$]$

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 $31$:

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, $$740.$

c$.$ Depreciation expense for the current year, $$3,600.$

d$.$ Wages earned by employees not yet paid on December $31,$ $$580.$

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, $$5,380.$

transactions.

$2-$b$.$ Prepare a classified balance sheet that include the effects of the preceding five transactions.