2 ed The December 31, 2021, unadjusted trial balance for Demon Deacons Corporation is presented below. Accounts Cash Debit $ 8,100 Credit Accounts Receivable 13,100 Prepaid Rent Supplies 4,920 2,100 Deferred Revenue $ 1,100 Common Stock 11,000 Retained Earnings 4,100 Service Revenue 37,520 Salaries Expense 25,500 $53,720 $53,720 1. The balance of Prepaid Rent, $4,920, represents payment on October 31, 2021, for rent from November 1, 2021, to April ok At year-end, the following additional information is available: it ht ences 30, 2022. 2. The balance of Deferred Revenue, $1,100, represents payment in advance from a customer. By the end of the year, $275 of the services have been provided. 3. An additional $700 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, $2,100, represents the amount of office supplies on hand at the beginning of the year of $750 plus an additional $1,350 purchased throughout 2021. By the end of 2021, only $610 of supplies remains. Required: 1. Update account balances for the year-end information by recording any necessary adjusting entries. No prior adjustments have been made in 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.)