Prepare an adjusted trial balance (LO3-3, 3-4) GL Bottes bo adjusting entries were recorded. E3-14 The December 31, 2021, unadjusted trial balance for Demon Deacons Corporation is presented below. Accounts Cash Accounts Receivable Prepaid Rent Supplies Deferred Revenue Common Stock Retained Earnings Service Revenue Salaries Expense Debit $10,000 15,000 7,200 4,000 Credit $ 3.000 11,000 6,000 51,200 35,000 $71,200 $71,200 At year-end, the following additional information is available: November 1, 2021, to April 30, 2022. 1. The balance of Prepaid Rent, $7,200, represents payment on October 31, 2021, for rent fr 2. The balance of Deferred Revenue, $3,000, represents payment in advance from a custome By the end of the year, $750 of the services have been provided. 3. An additional $700 in salaries is owed to employees at the end of the paid until January 4, 2022. year but will not be 4. The balance of Supplies, $4,000, represents the amount of office supplies on hand at the beginning of the year of $1,700 plus an additional $2,300 purchased throughout 2021. B end of 2021, only $800 of supplies remains. Required: entries. No prior adjustments have been made in 2021. 2. Prepare an adjusted trial balance as of December 31, 2021. 1. Update account balances for the year-end information by recording any necessary adjusti

adjusting entries were recorded. Prepare an adjusted trial balance (LO3-3, 3-4) E3-14 The December 31, 2021, unadjusted trial balance for Demon Deacons Corporationi presented below. At year-end, the following additional information is available: 1. The balance of Prepaid Rent, $7,200, represents payment on October 31, 2021, for rent November 1, 2021, to April 30, 2022. 2. The balance of Deferred Revenue, $3,000, represents payment in advance from a cut By the end of the year, $750 of the services have been provided. 3. An additional $700 in salaries is owed to employees at the end of the year but will ol th paid until January 4,2022. 4. The balance of Supplies, $4,000, represents the amount of office supplies on hand at beginning of the year of $1,700 plus an additional $2,300 purchased throughout 2021. end of 2021, only $800 of supplies remains. Required: 1. Update account balances for the year-end information by recording any necessary entries. No prior adjustments have been made in 2021. 2. Prepare an adjusted trial balance as of December 31, 2021