Required information [The following information applies to the questions displayed below.] Crimson Tide Music Academy offers lessons in playing a wide range of musical instruments. The unadjusted trial balance. as of December 31, 2021, appears below. December 31 is the company's fiscal year-end. Accounts Cash Accounts Receivable Interest Receivable Supplies Debits Credits $ 44,300 12,900 A 0 5,400 Prepaid Rent 10,600 Land. 112,000 Notes Receivable 54,000 Accounts Payable $ 12,800 Salaries Payable Deferred Revenue 7,000 Utilities Payable Common Stock Retained Earnings Service Revenue Interest Revenue Salaries Expense Rent Expense Supplies Expense Utilities Expense Totals 157,2001 24,800 76,200 0 33,000 0 5,800 $278,000 $270,000 In addition, the company had the following year-end adjusting entries.