Learn to Play, Incorporated, is a one-person company that provides private piano lessons. Its unadjusted trial balance at December 31, 2021, follows, along with information about selected accounts. Account Names Cash Supplies Deferred Revenue Salaries and Wages Payable Income Tax Payable 0 Interest Payable Debit Credit Further Information $ 23,900 310 $ 1,510 0 0 As reported on December 31 bank statement. Based on count, only $205 of supplies still exist. of this amount, $510 was received for December lessons and $1,000 for January lessons. The employee was paid $600 for 10 days of work through December 29. She has not yet been paid for work on December 30 and 31. The company has paid last year's income tax but not this year's taxes. The company has not paid the $105 of interest owed on its notes payable for the current period. Notes Payable 12,600 This one-year note was taken out this year on December 1. Common Stock 1,100 This amount was contributed for common stock in prior years. Retained Earnings 3,100 Service Revenue 24,910 Salaries and Wages 18,200 Expense Supplies Expense 810 This is the balance reported at the end of last year. Most customers pay cash for lessons each time they are provided, but some customers pay in advance. The company's employee worked through December 31. This is the cost of supplies used through November 30. < Prev 11 of 11 Next >