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t 2 of 21 Required information [The following information applies to the questions displayed below. The December 31, 2021, unadjusted trial balance for Demon
t 2 of 21 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. Accounta Cash Debit $ 9,500 Credit Accounts Receivable 14,500 Prepaid Rent 6,600 Supplies Deferred Revenue Book Common Stock Hint 3,500 $2,500 12,000 Retained Earnings Service Revenue 5,500 46,600 Salaries Expense 32,500 $66,600 $66,600 Print erences At year-end, the following additional information is available: 1. The balance of Prepaid Rent, $6,600, represents payment on October 31, 2021, for rent from November 1, 2021, to April 30, 2022. 2. The balance of Deferred Revenue, $2,500, represents payment in advance from a customer. By the end of the year, $625 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, $3,500, represents the amount of office supplies on hand at the beginning of the year of $1,450 plus an additional $2,050 purchased throughout 2021. By the end of 2021. only $750 of supplies remains deck fly work
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