The December 31, 2018, unadjusted trial balance for Demon Deacons Corporation is presented below. Debit Credit Cash Accounts Recelvable Prepaid Rent S 9,600 14,600 6,720 3,600 Deferred Revenue Common Stock Retained Earnings Service Revenue Salaries Expense $ 2,600 10,000 5,600 49,320 33,000 $67,520 $67,520 At year-end, the following additional information is available a. The balance of Prepaid Rent, $6,720, represents payment on October 31, 2018, for rent from November 1, 2018, to April 30, 2019. b. 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. c. An additional $600 in salaries is owed to employees at the end of the year but will not be paid until January 4, 2019. d. 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 2018. By the end of 2018, only $760 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 2018. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction li Journal entry worksheet Record the adjustment for rent Note: Enter debits before credits Transaction General Journal Debit Credit Journal entry worksheet 2 4 Record the adjustment for revenue earned. Note: Enter debits before credits. Transaction General Journal Debit Credit to.. Journal entry worksheet 2 4 Record the adjustment for salaries. Note: Enter debits before credits. Transaction General Journal Debit Credit C. Journal entry worksheet 4 Record the adjustment for supplies. Note: Enter debits before credits. Transaction General Journal Debit Credit 2. Prepare an adjusted trial balance as of December 31, 2018 DEMON DEACONS CORPORATION Adjusted Trial Balance December 31, 2018 Debit Credit Accounts Cash Accounts Receivable Prepaid Rent Supplies Deferred Revenue Salaries Payable Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Supplies Expense Totals 0