6 (The following information applies to the questions displayed below.) Val's Halt Emporium operates a hair salon. Its unadjusted trial balance as of December 31, 2021, follows, along with information about selected accounts. Part 2 of 4 Account Names Canh Debit $ 4,700 Supplies 5,200 3.18 points Prepaid Rent 8.700 Accounts Payable BOOK Salaries and Wages Payable print Income Tax Payable Credit Further Information As reported on December 31 bank statement. Based on count, only $1,750 of supplies still exist. This amount was paid November 1 for rent through the end of January $ 1.950 This represents the total amount of billa received for supplies and utilities through December 15. Val estimates that the company has received 9540 of utility services through December 31 for which it has not yet been billed. o Stylinta have not yet been paid $150 for their work on December 31. o the company has paid last year's inconte taxes but not this year's taxon 2,900 this amount was contributed for common stock in prior years. 900 This is the balance reported at the end of last year. 90.650 Customers pay cash when they receive services This is the cost of stylist wages through December 30. This is the cost of utilities through December 15. This year's rent was $2,900 per month. This is the cost of supplies used through November 30 The company has an average tax rate of 301. 5.96, 400 Common Stock References Retained Earning Service Revenue salaries and Wages Expense Utilities Expense 30,000 13,100 Rent Expense Supplies Exponse 29,000 5,700 Income Tax Expense 0 Total 96,400 2. Name the five pairs of balance sheet and income statement accounts that require adjustment and indicate the amount of 2. Name the five pairs of balance sheet and income statement accounts that require adjustment and indicate th adjustment for each pair. Amount Balance Sheet Account Related Income Statement Account Adjustment (1) (2) (3) ces (5) CE 7