Required information [The following information applies to the questions displayed below.) The December 31, Year 1, unadjusted trial balance for a company is presented below. Credit Debit $ 9, 100 14,100 6,120 3,100 Accounts Cash Accounts Receivable Prepaid Rent Supplies Deferred Revenue Common Stock Retained Earnings Service Revenue Salaries Expense $ 2,100 11,000 5,100 44,720 30, 500 $62,920 $62,920 At year-end, the following additional information is available: 1. The balance of Prepaid Rent, $6,120, represents payment on October 31, Year 1, for rent from November 1, Year 1. to April 30, Year 2 2. The balance of Deferred Revenue, $2,100, represents payment in advance from a customer. By the end of the year, $525 of the services have been provided. 3. An additional $700 in salaries is owed to employees at the end of the year but will not be paid until January 4. Year 2. 4. The balance of Supplies, $3,100, represents the amount of office supplies on hand at the beginning of the year of $1,250 plus an additional $1,850 purchased throughout Year 1. By the end of Year 1 only $710 of supplies remains. Prepare an adjusted trial balance as of December 31, Year 1. Adjusted Trial Balance December 31, Year 1 Accounts Debit Credit con 2. The balance of Deferred Revenue, $2,100. represents payment in advance fr $525 of the services have been provided. 3. An additional $700 in salaries is owed to employees at the end of the year b 4. The balance of Supplies, $3,100, represents the amount of office supplies on $1,250 plus an additional $1,850 purchased throughout Year 1. By the end of 2. Prepare an adjusted trial balance as of December 31, Year 1. Credit $ 2,100 Adjusted Trial Balance December 31, Year 1 Accounts Debit Cash $ 9,100 Accounts Receivable 14,100 Prepaid Rent 6,120 Supplies 3,100 Deferred Revenue Salaries Payable Common Stock Retained Earnings Service Revenue Salaries Expense 30,500 Rent Expense Supplies Expense Totals $ 62,920 11,000 5,100 44,720 $ 62,920