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record ajusting entry for:

-rent

-deferred revenue

-salaries

-supplies

prepare adjusted trial balance as of december 31st

Required information The following information applies to the questions displayed below) The December 31,2021, unadjusted trial balance for Demon Deacons Corporation is presented below. Debit Credit 9,180 14,100 6,128 3,18e Accounts Cash Accounts Receivable Prepaid Rent Supplies Deferred Revenue s2,180 11,800 5,100 44,720 Common Stock Retained Earnings Service Revenue Salaries Expense 30,500 $62,920 $62,928 At year-end, the following additional information is available: f rpad Rem, $6.120.repre e bo mtoober 3t, 2021 for rent from November 30, 2022 e from a customer. By the end of the year, $525 of the sevices have been provided. 3. An additional $700 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, $3,100, represents the amount of office supplies on hand at the beginning of the year of $1.250 plus an additional $1850 purchased throughout 2021. By the end of 2021, only $710 of supplies remains. Required: 1. Update account balaces tor 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 Record the adjusting entry for rent on December 31 2. The balance of Deferred Revenue, $2,100, represents payment in ad $525 of the services have been provided. 3. An additional $700 in salaries is owed to employees at the end of the 4. The balance of Supplies, $3,100, represents the amount of office supp $1,250 plus an additional $1,850 purchased throughout 2021. By the e 2. Prepare an adjusted trial balance as of December 31, 2021. DEMON DEACONS CORPORATION Adjusted Trial Balance ces December 31, 2021 Accounts Debit Credit Cash Accounts Receivable Prepaid Rent Supplies Deferred Revenue Salaries Payable Common Stock Retained Eamings Service Revenue Salaries Expense Rent Expense Supplies Expense Totals 0

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