Cash Accounts Accounts Receivable Debit Credit $ 8,400 13,400 Prepaid Rent 5,280 Supplies 2,400 Deferred Revenue $ 1,400 Common Stock 11,000 Retained Earnings 4,400 Service Revenue 39,680 Salaries Expense 27,000 $56,480 $56,480 At year-end, the following additional information is available: 1. The balance of Prepaid Rent, $5,280, represents payment on October 31, 2021, for rent from November 1, 2021, to April 30, 2022. 2. The balance of Deferred Revenue, $1,400, represents payment in advance from a customer. By the end of the year, $350 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, $2,400, represents the amount of office supplies on hand at the beginning of the year of $900 plus an additional $1,500 purchased throughout 2021. By the end of 2021, only $640 of supplies remains.