Required information [The following information applies to the questions displayed below) The December 31, 2021, unadjusted trial balance for Demon Deacons Corporation is presented below. Cash Accounts Debit Credit $ 8,200 Accounts Receivable 13,200 Prepaid Rent 5,040 Supplies 2,200 Deferred Revenue $1,200 Common Stock 10,000 Retained Earnings 4,200) Service Revenue 39,240 Salaries Expense 26,000 $54,640 $54,640 At year-end, the following additional information is available: 1. The balance of Prepaid Rent, $5,040, represents payment on October 31, 2021, for rent from November 1, 2021, to April 30, 2022 2. The balance of Deferred Revenue, $1,200, represents payment in advance from a customer. By the end of the year, $300 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, $2,200, represents the amount of office supplies on hand at the beginning of the year of $800 plus an additional $1,400 purchased throughout 2021. By the end of 2021, only $620 of supplies remains. Required: 1. Update account balances for the year-end information by recording any necessary adjusting entries. No prior adjustments have been made in 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.) SJUU of the services nave 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, $2,200, represents the amount of office supplies on hand at the beginning of the year of $800 plus an additional $1,400 purchased throughout 2021. By the end of 2021, only $620 of supplies remains. 05 Required: 1. Update account balances for the year-end information by recording any necessary adjusting entries. No prior adjustments have been made in 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.) View transaction list Journal entry worksheet