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 Debit Cash $ 9,300 Accounts Receivable 14,300 Prepaid Rent 6,360 Supplies 3,300 Deferred Revenue Common Stock Retained Earnings Service Revenue Salaries Expense 31,500 $64,760 $ 2,300 10,000 5,300 47,160 $64,760 At year-end, the following additional information is available: 1. The balance of Prepaid Rent, $6,360, represents payment on October 31, 2021, for rent from November 1, 2021, to April 30, 2022. 2. The balance of Deferred Revenue, $2,300, represents payment in advance from a customer. By the end of the year, $575 of the services have been provided. 3. An additional $600 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, $3,300, represents the amount of office supplies on hand at the beginning of the year of $1,350 plus an additional $1,950 purchased throughout 2021. By the end of 2021, only $730 of supplies remains. ercise 3-14A Part 1 quired: Update account balances for the year-end information by recording any necessary adjusting entries. No prior justments have been made in 2021. (If no entry is required for a particular transaction/event, select "No Journal try Required" in the first account field. Do not round intermediate calculations.) iew transaction list Journal entry worksheet Record the adjusting entry for rent on December 31. Note: Enter debits before credits. General Journal Debit Credit Date December 31 Record entry View general journal Clear entry Exercise 3-14A Part 2 2. Prepare an adjusted trial balance as of December 31, 2021. DEMON DEACONS CORPORATION Adjusted Trial Balance December 31, 2021 Accounts Debit Credit Cash Accounts Receivable Prepaid Rent Supplies Deferred Revenue Salaries Payable Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Supplies Expense Totals $ 0 $ 0