Whyanswer is not complete?

On January 1, 2021, Red Flash Photography had the following balances: Cash, $14,000; Supplies, $8,200; Land, $62,000; Deferred Revenue, $5,200: Common Stock $52,000; and Retained Earnings, $27,000. During 2021, the company had the following transactions: 1. February 15 Issue additional shares of common stock, $22,000. 2. May 20 Provide services to customers for cash, $37,000, and on account, $32,000. 3. August 31 Pay salaries to employees for work in 2021, $25,000. 4. October 1 Purchase rental space for one year, $14,000. 5. November 17 Purchase supplies on account, $24,000. 6. December 30 Pay dividends, $2,200. The following information is available on December 31, 2021: 1. Employees are owed an additional $4,200 in salaries. 2. Three months of the rental space has expired. 3. Supplies of $5,200 remain on hand. 4. All of the services associated with the beginning deferred revenue have been performed. Answer is not complete. Requirement General Journal General Ledger Trial Balance Income Statement Statement of SE Balance Sheet Choose the appropriate accounts to complete the company's balance sheet. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. Adjusted Dates: Jan 01 to: Dec 31 RED FLASH PHOTOGRAPHY Balance Sheet As of January 31, 2021 Assets Liabilities Current Assets: Cash Accounts Receivable Supplies Prepaid Rent 31,800 32,000 5.200 Current Liabilities: Accounts Payable Salaries Payable 24,000 4,200 0 10,500 0 0 Total Current Liabilities 28,200 0 0 0 0 79,500 28,200 Total Current Assets Long-term Assets: Land Total Liabilites Stockholder's Equity 62,000 0 ool 74,000 27,000 0 Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities & Stockholders' Equity 0 141,500 101.000 129,200 Total Assets $ $