Certain adjusting entries mase at the end of an accounting period are reversed at the beginning of the following period.

Required:

Analyze the following four adjusting$\_$entries made on December $31,$ and determine whether a reversing entry is needed.

$\backslash$table$[[$Date$,$Description,Debit,Credit,$\backslash$table$[[$Reversing entry$],[$necessary$]],\backslash$table$[[$Reversing entry$],[$not necessary$]]],[$Dec$.,31,$Interest Receivable,$1,200,,$O$,(],[,$Interest Revenue,,$1,200],[31,,$Deferred Insurance,$965,,$O$),$O$],[,$Insurance Revenue,,$965],[31,$Salaries Expense,$150,,$O$),$O$],[,$Salaries Payable,,$150],[31,$Deferred Rent Revenue,$1,550,,,$O$],[,$Rent Revenue,,$1,550]]$