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. Accounts Credit Debit $ 8,000 Cash Accounts Receivable 13,000 4,800 Prepaid Rent Supplies 2,000 Deferred Revenue Common Stock $ 1,000 12,000 Retained Earnings 4,000 Service Revenue 35,800 Salaries Expense 25,000 $52,800 $52,800 At year-end, the following additional information is available: 1. The balance of Prepaid Rent, $4,800, represents payment on October 31, 2021, for rent from November 1, 2021, to April 30, 2022 2. The balance of Deferred Revenue, $1,000, represents payment in advance from a customer. By the end of the year, $250 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, $2,000, represents the amount of office supplies on hand at the beginning of the year of $700 plus an additional $1,300 purchased throughout 2021. By the end of 2021, only $600 of supplies remains. Exercise 3-14A Part 1 View transaction list Journal entry worksheet 2 3 Record the adjusting entry for rent on December 31. Note: Enter debits before credits. Date General Journal December 31 Clear entry Record entry Debit Credit View general journal View transaction list Journal entry worksheet es account View transaction list Journal entry worksheet