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help plz :) The December 31,2024 , unadjusted trial balance for a company is presented below. At year-end, the following additional information is available: 1.
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The December 31,2024 , unadjusted trial balance for a company is presented below. At year-end, the following additional information is available: 1. The balance of Prepaid Rent, $4,920, represents payment on October 31,2024 , for rent from November 1, 2024, to April 30 , 2025. 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 4,2025. 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 2024. By the end of 2024 , 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 Required: 1. Update account balances for the year-end information by recording any necessary adjusting entrles. No prior adjustments have been made in 2024 . 2. Prepare an adjusted trial balance as of December 31,2024 Complete this question by entering your answers in the tabs below. Update account balances for the year-end information by recording any necessary adjusting entries. No prior adjustments have been made in 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Bo ; not round intermediate calculations.) Step by Step Solution
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