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need help finding rent, utilities, salaries and wages, income tax expenses Val's Hair Emporium operates a hair salon. Its unadjusted trial balance as of December

need help finding rent, utilities, salaries and wages, income tax expenses image text in transcribed
Val's Hair Emporium operates a hair salon. Its unadjusted trial balance as of December 31, 2018, follows, along with information about selected accounts. Account Names Cash Supplies Prepaid Rent Debit $ 2,800 3,380 3,000 Accounts Payable Credit Further Information As reported on December 31 bank statement. Based on count, only $8ee of supplies still exdst. This amount was paid November 1 for rent through the end of January $ 1,880 This represents the total amount of bills received for supplies and utilities through December 15. Val estimates that the company has received $350 of utility services through December 31 for which it has not yet been billed. B Stylists have not yet been paid $189 for their work on December The company has paid last year's income taxes but not this year's taxes. 1,800 This amount was contributed for common stock in prior years. 700 This is the balance reported at the end of last year. 59,500 Customers pay cash when they receive services. Salaries and Wages Payable Income Tax Payable 28,100 Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Utilities Expense Rent Expense Supplies Expense Income Tax Expense Totals 11,200 10,00 3,800 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,eee per month. This is the cost of supplies used through November 30. The company has an average tax rate of 30%. $62,200 $62,200 2 Name the five pairs of balance sheet and income statement accounts that require adjustment and indicate the amount of adjustment for each pair Adj. (1) (2) (3) Amount $ 2,500 1,500 Balance Sheet Account Supplies Prepaid Rent Accounts Payable Salaries and Wages Payable Income Tax Payable Related Income Statement Account Supplies Expense Rent Expense Utilities Expense Salaries and Wages Expense Income Tax Expense (5)

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