The December 31, 2024, unadjusted trial balance for Demon Deacons Corporation is presented below. Accounts Debit Credit Cash $9,600 Accounts Receivable 14,600 Prepaid Rent 6,720 Supplies 3,600 Deferred Revenue $2,600 Common Stock 10,000 Retained Earnings 5,600 Service Revenue 49,320 1 Salaries Expense 33,000 567,520 nces $67,520 At year-end, the following additional information is available: 1. The balance of Prepaid Rent, $6,720, represents payment on October 31, 2024, for rent from November 1, 2024, to April 30, 2025. 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, 2025. 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 2024, By the end of 2024, 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 2024, 2. Prepare an adjusted trial balance as of December 31, 2024