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Current Attempt in Progress A review of the ledger of Whisperine Winds Corp. at December 32, 2020, produces the following data pertaining to the preparation

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Current Attempt in Progress A review of the ledger of Whisperine Winds Corp. at December 32, 2020, produces the following data pertaining to the preparation of aninal adjusting entries. 1. Prepaid insurance $9,762. The company has separate insurance policies on its baildines and its motor vehicles. Policv 94564 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 54,200 . This policy has a term of 2 vearL. 2. Unearned Rent Revenue $590400, The company began wubleasing atfice soace in its new bullding ce November 1 . At December 31 , the company had the followine rental cantracts that are pald in full for the entire teem of the teane. 3. Notes Paryable 5143,000. This balance cansists of a note for 9 months at an anrwal interest rate of bx, dated Nioveinber 1. 4. Salaries and Wages Payable 50 . There are 9 salaried employees Salarles are pald ryery Friday for the current week. 5. empioyees recelve a sadary of \$650 each per week, and 4 employees earn $500 each per wek. Assume December 31 is a Tuesday Employen do not wark weekends. All employees worked the tast 2 days of December: indent manuallyd

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