company's policy is to record tees collected in advance in a balance sheet account. December 13 Security First pays $4,700 cash (insurance prenium) for a 24 -month insurance policy. Coverage begins on December 1. The company's policy is to record all prepaid expenses in a balance sheet account. December 14 Security First pays $2,420 cash for supplies. Decenber 15 Security First pays $2,605 cash for December utilities expense. December 16 Security First pays $1,850 cash in employee salary for work performed in the latter part of December. Review the statement of retained earnings and indicate how the statement is linked to the other financial statements. Review the statement of retained earnings and indicate how the statement is linked to the other financial statements. company's policy is to record tees collected in advance in a balance sheet account. December 13 Security First pays $4,700 cash (insurance prenium) for a 24 -month insurance policy. Coverage begins on December 1. The company's policy is to record all prepaid expenses in a balance sheet account. December 14 Security First pays $2,420 cash for supplies. Decenber 15 Security First pays $2,605 cash for December utilities expense. December 16 Security First pays $1,850 cash in employee salary for work performed in the latter part of December. Review the statement of retained earnings and indicate how the statement is linked to the other financial statements. Review the statement of retained earnings and indicate how the statement is linked to the other financial statements