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Credit Supplies Prepaid Insurance Salaries Payable Deferred Revenue Debit $2,000 8,000 $11,000 3,000 The following information is known for the month of December 1. Purchases

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Credit Supplies Prepaid Insurance Salaries Payable Deferred Revenue Debit $2,000 8,000 $11,000 3,000 The following information is known for the month of December 1. Purchases of supplies during December total $4,500 Supplies on hand at the end of December equal $3,500. 2 No insurance payments are made in December Insurance cost is $2,000 per month 3. November salaries payable of $11,000 were paid to employees in December. Additional salaries for December owed at the end of the year are $16,000 4 On November 1, a tenant paid Golden Eagle $4,500 in advance rent for the period November through January, and Deferred Revenue was credited for the entire amount Required: Show the adjusting entries that were made for supplies, prepaid insurance, salaries payable, and deferred revenue on December 31 (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Vww transaction list Journal entry worksheet 1 2 3 4 Record the adjusting entry for supplies on December 31 Note: Enter debitis before credits General Journal Dobit Date December 31 Credit

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