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2 The December 31, 2021, unadjusted trial balance for Demon Deacons Corporation is presented below. Credit Debit $ 9,600 5 points 14,600 6,720 3,600 eBook

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2 The December 31, 2021, unadjusted trial balance for Demon Deacons Corporation is presented below. Credit Debit $ 9,600 5 points 14,600 6,720 3,600 eBook $ 2,600 Accounts Cash Accounts Receivable Prepaid Rent Supplies Deferred Revenue Common Stock Retained Earnings Service Revenue Salaries Expense 10,000 Hint 5,600 0 References 49,320 33,000 $67,520 $67,520 At year-end, the following additional Information is available: 1 The balance of Prepaid Rent $6.720. represents payment on October 31, 2021, for rent from November 1. 2021, to April 30, 2022 2. The balance of Deferred Revenue $2.500, represents payment in advance from a customer By the end of the year. $650 of the services have been provided. 3. An additional $600 in series is owed to employees at the end of the year but will not be paid until January 4, 2022 4. The balance of Supplies, $3,600, represents the amount of office supplies on hand at the beginning of the year of $1.500 plus an additional $2,300 purchased throughout 2021. By the end of 2021, ony $750 of supplies remains Exercise 3-14A Part 2 2. Prepare an adjusted trial balance as of December 31, 2021 DEMON DEACONS CORPORATION Adjusted Trial Balance December 31, 2021 Accounts Debit Credit Cash S600 Accounts Receivable Prepaid Rent Supplies Deferred Revenue Salaries Payable Common Stock Retained Earings Service Revenue Salanes Expense Rent Expense Supplies Expense Totals S 9.6005

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