The December 31, 2021, unadjusted trial balance for Demon Deacons Corporation is presented below. Credit Accounts Cash Accounts Receivable Prepaid Rent Supplies Deferred Revenue Common Stock Retoined Earnings Service Revenue Salaries Expense Debit $ 9,500 14,500 6,600 3,500 $ 2,500 12,800 5,500 46,600 32,500 $66,600 $66,600 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. Required: 1. Update account balances for the year-end information by recording any necessary adjusting entries. No prior adjustments have been made in 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.) View transaction list Journal entry worksheet