A review of the ledger of Whispering Winds Corp. at December 31,2020 , produces the following data pertaining to the preparation of annual adjusting entries. 1. Prepaid Insurance $9,762. The company has separate insurance policies on its buildings and its motor vehicles. Policy B4564 on the building was purchased on April 1, 2019, for $7,416. The policy has a term of 3 years. Policy A2958 on the vehicles was purchased on January 1,2020 , for $4,200. This policy has a term of 2 years. 2. Unearned Rent Revenue $590,400. The company began subleasing office space in its new building on November 1 . At December 31, the company had the following rental contracts that are paid in full for the entire term of the lease. 3. Notes Payable $143,000. This balance consists of a note for 9 months at an annual interest rate of 9%, dated November 1. 4. Salaries and Wages Payable $0. There are 9 salaried employees. Salaries are paid every Friday for the current week. 5 employees receive a salary of $650 each per week, and 4 employees earn $500 each per week. Assume December 31 is a Tuesday. Employees do not work weekends. All employees worked the last 2 days of December. Question 4 of 5 2.25/3 indent manually.) No. Date Account Titles and Explanation Debit Credit 1. Dec. 31 Insurance Expense 4572 2. Dec. 31 Unearned Rent Revenue \begin{tabular}{|l|l|} \hline 35600 \\ \hline \end{tabular} 3. Dec. 31 Interest Expense 2146 4. Dec. 31 Salaries and Wages Expense 2100 Salaries and Wages Payable 2100