16 points Golden Eagle Company has the following balances at the end of November: Supplies Prepaid Insurance Salaries Payable Deferred Revenue November 30 Debit $1,950 Credit 7,800 $10,900 The following information is known for the month of December 1. Purchases of supplies for cash during December were $4,400. Supplies on hand at the end of December equal $3,450. 2. No insurance payments are made in December. Insurance expired in December is $1,950. 3 November salaries payable of $10,900 were paid to employees in December. Additional salaries for December owed at the end of the year are $15,900 4. On December 1, Golden Eagle received $4,350 from a customer for rent for the period December through February. By the end of December, one month of rent has been provided. Required: For each item, (a) record any transaction during the month of December, and (b) prepare the related December 31 year-end adjusting entry. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Help Save & Exit Submit