O Required information Exercise 3-14A Prepare an adjusted trial balance (LO3-3, 3-4) [The following information applies to the questions displayed below.) The December 31, 2021, unadjusted trial balance for Demon Deacons Corporation is presented below. Credit Accounts Cash Accounts Receivable Prepaid Rent Supplies Deferred Revenue Common Stock Retained Earnings Service Revenue Salaries Expense Debit $ 9,800 14,800 6.960 3,800 $ 2,800 12,000 5,800 48,760 34.000 $69,360 $69,360 At year-end, the following additional Information is available: 1. The balance of Prepaid Rent, $6,960, represents payment on October 31, 2021, for rent from November 1, 2021, to April 30, 2022 2. The balance of Deferred Revenue, $2,800, represents payment in advance from a customer. By the end of the year, $700 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, $3,800, represents the amount of office supplies on hand at the beginning of the year of $1,600 plus an additional $2,200 purchased throughout 2021. By the end of 2021, only $780 of supplies remains. Saved Connect Chapter #3 Homework - Part B 2 Exercise 3-14A Part 2 2.5 points 2. Prepare an adjusted trial balance as of December 31, 2021. 01:43:18 DEMON DEACONS CORPORATION Adjusted Trial Balance December 31, 2021 Accounts Debit Credit eBook Hint References Cash Accounts Receivable Prepaid Rent Supplies Deferred Revenue Salaries Payable Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Supplies Expense Totals