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Required information [The following information applies to the questions displayed below.) 2 The December 31, 2021, unadjusted trial balance for Demon Deacons Corporation is presented
Required information [The following information applies to the questions displayed below.) 2 The December 31, 2021, unadjusted trial balance for Demon Deacons Corporation is presented below. Credit Accounts Cash Accounts Receivable Prepaid Rent Supplies Deferred Revenue Connon Stock Retained Earnings Service Revenue Salaries Expense Debit $ 9,600 14,600 6,720 3,600 ok $ 2,600 10,000 5,600 49,320 33,000 $67,520 $67,520 ences At year-end, the following additional information is available: 1. The balance of Prepaid Rent, $6720, represents payment on October 31, 2021. for rent from November 1 2021, to April 30, 2022 2. The balance of Deferred Revenue, $2,600, represents payment in advance from a customer. By the end of the year, $650 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, $3,600, represents the amount of office supplies on hand at the beginning of the year of $1.500 plus an additional $2,100 purchased throughout 2021. By the end of 2021, only $760 of supplies remains Required information [The following information applies to the questions displayed below.) 2 The December 31, 2021, unadjusted trial balance for Demon Deacons Corporation is presented below. Credit Accounts Cash Accounts Receivable Prepaid Rent Supplies Deferred Revenue Connon Stock Retained Earnings Service Revenue Salaries Expense Debit $ 9,600 14,600 6,720 3,600 ok $ 2,600 10,000 5,600 49,320 33,000 $67,520 $67,520 ences At year-end, the following additional information is available: 1. The balance of Prepaid Rent, $6720, represents payment on October 31, 2021. for rent from November 1 2021, to April 30, 2022 2. The balance of Deferred Revenue, $2,600, represents payment in advance from a customer. By the end of the year, $650 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, $3,600, represents the amount of office supplies on hand at the beginning of the year of $1.500 plus an additional $2,100 purchased throughout 2021. By the end of 2021, only $760 of supplies remains
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