The December $31,2024,$ unadjusted trial balance for a company is presented below. $$ AccountsDebitCreditCash$$8,500$Accounts Receivable$13,500$Prepaid Rent$5,400$Supplies$2,500$Deferred Revenue$$$$1,500$Common Stock$10,000$Retained Earnings$4,500$Service Revenue$41,400$Salaries Expense$27,500$$$57,400$$$57,400$ At year$-$end, the following additional information is available: The balance of Prepaid Rent, $$5,400,$ represents payment on October $31,2024,$ for rent from November $1,2024,$ to April $30,2025.$ The balance of $$Deferred Revenue, $$1,500,$ represents payment in advance from a customer. By the end of the year, $$375$ of the services have been provided. An additional $$600$ in salaries is owed to employees at the end of the year but will not be paid until January $4,2025.$ The balance of Supplies, $$2,500,$ represents the amount of office supplies on hand at the beginning of the year of $$950$ plus an additional $$1,550$ purchased throughout $2024.$ By the end of $2024,$ only $$650$ of supplies remains. Required: $1.$ Update account balances for the year$-$end information by recording any necessary adjusting entries. No prior adjustments have been made in $2024.2.$ Prepare an adjusted trial balance as of December $31,2024.$ Complete this question by entering your answers in the tabs below.

Prepare an adjusted trial balance as of December $31,2024.$

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$\backslash$hline $\backslash$multicolumn$\{3\}\{|$c$|\}\{$A COMPANY$\}\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{3\}\{|$c$|\}\{$Adjusted Trial Balance$\}\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{3\}\{|$c$|\}\{$December $31,2024\}\backslash \backslash$

$\backslash$hline Accounts & Debit & Credit $\backslash \backslash$

$\backslash$hline Cash & & $\backslash \backslash$

$\backslash$hline Accounts Receivable & & $\backslash \backslash$

$\backslash$hline Prepaid Rent & & $\backslash \backslash$

$\backslash$hline Supplies & & $\backslash \backslash$

$\backslash$hline Deferred Revenue & & $\backslash \backslash$

$\backslash$hline Salaries Payable & & $\backslash \backslash$

$\backslash$hline Common Stock & & $\backslash \backslash$

$\backslash$hline Retained Earnings & & $\backslash \backslash$

$\backslash$hline Service Revenue & & $\backslash \backslash$

$\backslash$hline Salaries Expense & & $\backslash \backslash$

$\backslash$hline Rent Expense & & $\backslash \backslash$

$\backslash$hline Supplies Expense & & $\backslash \backslash$

$\backslash$hline Totals & & $\backslash \backslash$

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$\backslash$end$\{$tabular$\}$ Journal entry worksheet

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$\backslash$hline $1$ & $2$ & $3$ & $4$

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The balance of Prepaid Rent, $\backslash (\backslash$$ $5,400\backslash ),$ represents payment on October $31,2024,$ for rent from November $1,2024,$ to April $30,2025.$ Record the adjusting entry on December $31.$

Note: Enter debits before credits.

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$\backslash$hline Date & General Journal & Debit & Credit $\backslash \backslash$

$\backslash$hline December $31$ & & & $\backslash \backslash$

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$\backslash$end$\{$tabular$\}$ Journal entry worksheet

$1$

$234$

The balance of Deferred Revenue, $\backslash (\backslash$$ $1,500\backslash ),$ represents payment in advance from a customer. By the end of the year, $\backslash (\backslash$$ $375\backslash )$ of the services have been provided. Record the adjusting entry on December $31.$

Note: Enter debits before credits.

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$\backslash$hline Date & General Journal & Debit & Credit $\backslash \backslash$

$\backslash$hline December $31$ & & & $\backslash \backslash$

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$\backslash$end$\{$tabular$\}$ Journal entry worksheet

$1$

$2$

$3$

$4$

An additional $\backslash$$$600$ in salaries is owed to employees at the end of the year but will not be paid until January $4,2025.$ Record the adjusting entry on December $31.$

Note: Enter debits before credits.

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$\backslash$hline Date & General Journal & Debit & Credit $\backslash \backslash$

$\backslash$hline December $31$ & & & $\backslash \backslash$

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$\backslash$end$\{$tabular$\}$ Journal entry worksheet

$1$

$2$

$3$

$4$

The balance of Supplies, $\backslash (\backslash$$ $2,500\backslash ),$ represents the amount of office supplies on hand at the beginning of the year of $\backslash (\backslash$$ $950\backslash )$ plus an additional $\backslash (\backslash$$ $1,550\backslash )$ purchased throughout $2024.$ By the end of $2024,$ only $\backslash (\backslash$$ $650\backslash )$ of supplies remains. Record the adjusting entry on December $31.$

Note: Enter debits before credits.

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$\backslash$hline Date & General Journal & Debit & Credit $\backslash \backslash$

$\backslash$hline December $31$ & & & $\backslash \backslash$

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$\backslash$end$\{$tabular$\}$