1 4 Required information P12 [The following information applies to the questions displayed below] The December 31, 2021, unadjusted trial balance for Demon Deacons Corporation is presented below Accounts Debit Credit Cash $9,200 Accounts Receivable 14,200 Prepaid Pant 6,300 Supplies 3,200 Deferred Revere $2,200 Commun Stock Retained Earnings Service Revenue 5,200 A4,440 Salaries Expense 31,000 563,040 At year-end, the following additional information is available: 1. The balance of Prepaid Rent, $6,240, represents payment on October 31, 2021, for rent from November 1, 2021. to April 30, 2022 2. The balance of Deferred Revenue, $2,200, represents payment in advance from a customer. By the end of the year $550 of the services have been provided 3 An additional $500 in salaries is owed to employees at the end of the year but will not be paid until January 4, 2022. 4. The balance of Supplies, $3.200, represents the amount of office supplies on hand at the beginning of the year of $1.300 plus an additional $1.900 purchased throughout 2021 By the end of 2021, only $720 of supplies remains