SnapShot Company, a commercial photography studio, has just completed its first full year of operations on December 31, 2013. General ledger account balances before year-end adjustments follow; no adjusting entries have been made to the accounts at any time during the year. Assume that all balances are normal. $4,300 Accounts Payable Cash Accounts Receivable Prepaid Rent Prepaid Insurance Supplies Equipment $3,820 7,600 Unearned Photography Fees 5,200 48,000 5,940 Photography Fees Earned 68,960 25,200 Common Stock 8,500 Wages Expense 45,600 Utilities Expense 6,840