Cash Q.6 X Ltd. keeps its records without the help of an accountant. All its records without the help of an accountant. After much effort, an outside accountant prepared the following unadjusted trial balance as of the end period, December 31, 2011: he following unadjusted trial balance as of the end of the annual accounting Account Tiles Debit Credit $ 19,600 Accounts Receivable $ 7,000 Supplies $ 1,300 Prepaid Insurance $ 900 Equipment $ 27,000 Accumulated Depreciation $ 12,000 Other Assets $ 5,100 Accounts Payable $ 2,500 Wages payable Income taxes payable Note payable (two years; 12% interest due each December 31) $ 5,000 Contributed capital (3,000 shares outstanding all year) $ 16,000 Retained earnings $ 10,300 Service revenue $ 48,000 Remaining expenses (not detailed; excludes income tax) $32.900 Income tax expense Totals S 93, 800 $ 93, 800 Data not yet recorded at December 31, 2011 include: a. Depreciation expense for 2011, $ 3.000 b. Insurance expired during 2011, $ 450 c. Wages earned by employees but not yet paid on December 31, 2011. $ 2.100 The supplies count on December 31, 2011, reflected $ 800 remaining supplies on hand to be used in 2012 e. Income tax expense was $ 3,150 Prepare an income statement and a classified balance sheet for 2011 to include the effects of the preceding five transactions. [14]