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art 1 of 2 oints Required information [The following information applies to the questions displayed below] The December 31, 2021, unadjusted trial balance for
art 1 of 2 oints Required information [The following information applies to the questions displayed below] The December 31, 2021, unadjusted trial balance for Demon Deacons Corporation is presented below Cash Accounta Debit Credit $ 9,500 Accounts Receivable 14,500 Prepaid Rent 6,600 Supplies 3,500 eBook Deferred Revenue. $2,500 Common Stock 12,000 Retained Earnings 5,500 Service Revenue 46,600 Hint 32,500 Print References Salaries Expense $66,600 $66,600 At year-end, the following additional Information is available: 1. The balance of Prepaid Rent. $6,600, 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 $625 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, $3,500, represents the amount of office supplies on hand at the beginning of the year of $1,450 plus an additional $2,050 purchased throughout 2021. By the end of 2021, only $750 of supplies remains.
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