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 Debit Credit Cash $ 9,200 Accounts Receivable 14,200 Prepaid Rent 6,240 Supplies 3, 2ee Deferred Revenue $ 2,200 Common Stock 12,000 Retained Earnings 5,200 Service Revenue 44,440 Salaries Expense 31,600 $63,840 $63,840 At year-end, the following additional information is available: 1. The balance of Prepaid Rent, $6,240, represents payment on October 31, 2021, for rent from November 1, 2021, to April 30, 2022 2. The balance of Deferred Revenue, $2,200, represents payment in advance from a customer. By the end of the year, $550 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, $3,200, represents the amount of office supplies on hand at the beginning of the year of $1,300 plus an additional $1,900 purchased throughout 2021. By the end of 2021, only $720 of supplies remains 2. Prepare an adjusted trial balance as of December 31, 2021. Credit DEMON DEACONS CORPORATION Adjusted Trial Balance December 31, 2021 Accounts Debit Cash $ 9,200 Accounts Receivable 14,200 Prepaid Rent Supplies Deferred Revenue Salaries Payable Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Supplies Expense Totals $ 23,400 $ 0