The December $31,2021,$ unadjusted balances for Demon Deacons Corporation are presented below.

At year$-$end, the following additional information is available:

The balance of Prepaid Rent, $$6,120,$ represents payment on October $31,2021,$ for rent from November $1,2021,$ to April

$30,2022.$

The balance of Deferred Revenue, $$2,100,$ represents payment in advance from a customer. By the end of the year,

$$525$ of the services have been provided.

An additional $$700$ in salaries is owed to employees at the end of the year but will not be paid until January $4,2022.$

The balance of Supplies, $$3,100,$ represents the amount of office supplies on hand at the beginning of the year of

$$1,250$ plus an additional $$1,850$ purchased throughout $2021.$ By the end of $2021,$ only $$710$ of supplies remains.The December $31,2021,$ unadjusted balances for Demon Deacons Corporation are presented below.

Accounts Balance

Cash $ $9,100$

Accounts Receivable $14,100$

Prepaid Rent $6,120$

Supplies $3,100$

Deferred Revenue $2,100$

Common Stock $11,000$

Retained Earnings $5,100$

Service Revenue $44,720$

Salaries Expense $30,500$

At year$-$end, the following additional information is available:

The balance of Prepaid Rent, $$6,120,$ represents payment on October $31,2021,$ for rent from November $1,2021,$ to April $30,2022.$

The balance of Deferred Revenue, $$2,100,$ represents payment in advance from a customer. By the end of the year, $$525$ of the services have been provided.

An additional $$700$ in salaries is owed to employees at the end of the year but will not be paid until January $4,2022.$

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 $$1,850$ purchased throughout $2021.$ By the end of $2021,$ only $$710$ of supplies remains.