YouTube Maps TCC Eaglenet = News Desmos | Graphing... () Workday - lallahass... Saved Chapter 4 Assignment i 6 Val's Hair Emporium operates a hair salon. Its unadjusted trial balance as of December 31, 2021, follows, along with information about selected accounts. Account Names Debit Credit Further Information Cash $ 4, 800 As reported on December 31 bank statement. Part 3 of 4 Supplies 5, 300 Based on count, only $1, 860 of supplies still exist. Prepaid Rent 9 , 000 This amount was paid November 1 for rent through the end of January . Accounts Payable $ 2,060 This represents the total amount of bills received for supplies and utilities through points December 15. Val estimates that the company has received $550 of utility services through December 31 for which it has not yet been eBook billed. Salaries and Wages Payable Stylists have not yet been paid $200 for Print their work on December 31. Income Tax Payable 0 The company has paid last year's income taxes References but not this year's taxes. Common Stock 3,500 This amount was contributed for common stock in prior years . Retained Earnings 800 This is the balance reported at the end of last year. Service Revenue 9 21, 400 Customers pay cash when they receive services . Salaries and Wages Expense 36, 109 This is the cost of stylist wages through December 30. Utilities Expense 13 , 200 This is the cost of utilities through Rent Expense December 15. 30,600 Supplies Expense 5 , 890 This year's rent was $3,900 per month. This is the cost of supplies used through Income Tax Expense November 30. Totals $ 98, 206 $ 98, 200 The company has an average tax rate of 20%. 3. Prepare the adjustina journal entries that are required at December 31 2021, (if no entry is required for a transaction/event. select Mc Graw