7 Relay insurance agency was organized on September 1 ,2001. Assume that the accounts are closed and financial statement prepared each month. The mal balance for riley insurance agency at November 30 is shown below Riley insurance agency Trial balance November 30, 2001 Dr Cash 6,565 Account receivable 17.050 Office supplies 500 office equipment 18,000 Accumulated depreciation office equipment Account payable 1.260 Pat riley. capital 35.000 Pat riley, drawing 25,00 Commissions cared 15.555 Advertising expense 14.00 Salaries expense 2,GOD Rent expense 3,800 52,415 52,415 Riley estimates that 300 worth of office supplies were used during November 30, The useful life of office equipment is 10 years Instructions Prepare ten columns work sheet