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The December 31.2024, unadjusted trial balance for Demon Deacons Corporation is presented below. At year-end, the following additional information is avallable: 1. The balance of

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The December 31.2024, unadjusted trial balance for Demon Deacons Corporation is presented below. At year-end, the following additional information is avallable: 1. The balance of Prepaid Rent, \$7,080, represents payment on October 31, 2024, fot rent from November 1, 2024, to April 30. 2025. 2 The balance of Deferred Revenue, \$2.900, represents payment in advance from a customer. By the end of the year, $725 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 unti January 4,2025. 4. The balance of Supplies, $3,900, represents the amount of office supplies on hand at the beginning of the year or $1,650 plus an additional $2.250 purchased throughout 2024 . By the end of 2024 . only $790 of supples remains Required: 1. Update account balances for the year end informotion 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 Prepare an adjusted trial balance as of December 31, 2024

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