! 1 Required information Exercise 3-14A Prepare an adjusted trial balance (LO3-3, 3-4) [The following information applies to the questions displayed below.] Part 1 of 2 The December 31, 2021, unadjusted trial balance for Demon Deacons Corporation is presented below. Accounts 1.33 points Skipped Cash Debit $ 8,300 Credit Accounts Receivable 13,300 Prepaid Rent Supplies 5,160 2,300 Deferred Revenue $ 1,300 Common Stock 12,000 Retained Earnings 4,300 Service Revenue References 37,960 Salaries Expense 26,500 $55,560 $55,560 At year-end, the following additional information is available: 1. The balance of Prepaid Rent, $5,160, represents payment on October 31, 2021, for rent from November 1, 2021, to April 30, 2022. 2. The balance of Deferred Revenue, $1,300, represents payment in advance from a customer. By the end of the year, $325 of the services have been provided. 3. An additional $500 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, $2,300, represents the amount of office supplies on hand at the beginning of the year of $850 plus an additional $1,450 purchased throughout 2021. By the end of 2021, only $630 of supplies remains.