Val's Hair Emporium operates a fail Salon: its unadjusted thal balance as of De Information about selected accounts. Account Names Cash Supplies Prepaid Rent Accounts Payable Salaries and Wages Payable Income Tax Payable ember 31, llows, along Debit $ 3,900 Credit 4,400 6,300 Further Information As reported on December 31 bank statement. Based on count, only $1,350 of supplies still exist. This amount was paid November 1 for rent through the end of January. $1,550 This represents the total amount of bills received for supplies and utilities through December 15. Val estimates that the company has received $460 of utility services through December 31 for which it has not yet been billed. Stylists have not yet been paid $200 for their work on December 31. The company has paid last year's income taxes but not this year's taxes. 2,100 This amount was contributed for common stock in prior years. 800 This is the balance reported at the end of last year. 77,550 Customers pay cash when they receive services. This is the cost of stylist wages through December 30. This is the cost of utilities through Common Stock Retained Earnings Service Revenue Salaries and Wages Expense 29,200 Utilities Expense 12,300