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The December 31, 2018, unadjusted trial balance for Demon Deacons Corporation is presented below. Debit Credit Accounts Cash Accounts Receivable Prepald Rent Supplies Deferred Revenue

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The December 31, 2018, unadjusted trial balance for Demon Deacons Corporation is presented below. Debit Credit Accounts Cash Accounts Receivable Prepald Rent Supplies Deferred Revenue Common Stock Retained Earnings Service Revenue Salaries Expense $ 8,200 13.200 5,040 2,200 1.200 10,000 4,200 26,000 39.240 $54,640 $54.640 At year-end, the following additional information is available: 3o boro,lance of Preaid Rent $5,040,represents paymen oOctber 3t. 2018.,for rent from November 1 2018, 1o Apt 30, 2019 b. 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. 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. $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 2018. By the end of 2018, only $620 of supplies remains

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