The December $31,2024,$ unadjusted trial balance for Demon Deacons Corporation is presented below.

$\backslash$table$[[$Accounts$,$Debit,Credit$],[$Cash$,$$$8,000,],[$Accounts Receivable,$13,000,],[$Prepaid Rent,$4,800,],[$Supplies$,2,000,],[$Deferred Revenue,,$$1,000$

Update account balances for the year$-$end information by recording any necessary adjusting entries. No prior adjustments hav made in $2024.($If no entry is required for a particular transaction$/$event$,$ select $"$No Journal Entry Required" in the first accoun not round intermediate calculations.$)$

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Vew Journal entry worksheet

Answer rating: 100% (QA)

Adjusting entries in the books No Date General Journ... View the full answer