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The following information applies to the questions displayed below.) The December 31, 2018, unadjusted trial balance for Demon Deacons Corporation is presented below DebitCredit Cash

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The following information applies to the questions displayed below.) The December 31, 2018, unadjusted trial balance for Demon Deacons Corporation is presented below DebitCredit Cash $10,000 15,000 7200 4,000 Prepaid Rent Supplies Deferred Revenue Common Stock Retained Earnings Service Revenue Salaries Expense 3,000 11,000 6,000 51,200 35,000 $71,200 $71,200 At year-end, the following additional information is available: a. The balance of Prepaid Rent, $7,200, represents payment on October 31, 2018, for rent from November 1, 2018, to April 30, 2019 b. The balance of Deferred Revenue, $3,000, represents payment in advance from a customer. By the end of the year, $750 of the services have been provided. c. An additional $700 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, $4,000, represents the amount of office supplies on hand at the beginning of the year of $1,700 plus an additional $2,300 purchased throughout 2018. By the end of 2018, only $800 of supplies remains

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