The December 31, 2024, unadjusted trial balance for Demon Deacons Corporation is presented below. At ye: in ilowing additional information is available: 1. The balance of Prepald Rent, $5,880, represents payment on October 31, 2024, for rent from November t, 2024, to Aprit 30,2025 2. The balance of Deferred Revenue, $1,900, represents payment in advance from a customer. By the end of the year, $475 services have been provided. 3. An wetitional $500 in salaries is owed to employees at the end of the year but will not be paid until January 4,2025. 4. Th nce of Supplies, $2,900, represents the amount of office supplies on hand at the beginning of the year of $1,150 plu. ac: 1$1,750 purchased throughout 2024 . By the end of 2024 , only $690 of supplles remains Required: 1. Update account baiances 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. repare an adjusted trial balance as of December 31, 2024. Update account balances for the year-end information by recording any necessary adjusting entries. No prior adjustments have been mode in 2024. (If no entry is required for a particular transaction/event, select "No Joumal Entry Required" in the first account field Do not round intermediate calculations.)