equired information -A4-4 Identifying and Preparing Adjusting Journal Entries [LO 4-1, LO 4-2, LO 4-3, LO 4-6) The following information applies to the questions displayed below.) al's Hair Emporium operates a hair salon. Its unadjusted trial balance as of December 31, 2018, follows, along with nformation about selected accounts. Credit Account Names Cash Supplies Prepaid Rent Debit $ 3,100 3,600 3,900 Accounts Payable $ 1,150 Salaries and Wages Payable Income Tax Payable @ Further Information As reported on December 31 bank statement. Based on count, only $950 of supplies still exist. This amount was paid November 1 for rent through the end of January. This represents the total amount of bills received for supplies and utilities through December 15. Val estimates that the company has received $380 of utility services through December 31 for which it has not yet been billed. Stylists have not yet been paid $100 for their work on December 31. The company has paid last year's income taxes but not this year's taxes. This anount was contributed for common stock in prior years. This is the balance reported at the end of last year. 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 $1,300 per month. This is the cost of supplies used through November 30. The company has an average tax rate of 25%. Common Stock 1,300 700 64,450 28,400 Retained Earnings Service Revenue Salaries and Wages Expense Utilities Expense Rent Expense Supplies Expense Incone Tax Expense Totals 11,500 13,000 4,100 @ $67,600 $67,600