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E3-7 Golden Eagle Company prepares monthly financial statements for its bank. The November 30 and December 31 adjusted trial balances include the following account information:

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E3-7 Golden Eagle Company prepares monthly financial statements for its bank. The November 30 and December 31 adjusted trial balances include the following account information: November 30 December 31 Debit Credit Debit Credit Supplies 2,000 3,500 Prepaid Insurance 8,000 6,000 Salaries Payable 11,000 16,000 Unearned Revenue 3,000 1,500 The following information also is known: a. Purchases of supplies in December total $4,500. b. No insurance payments are made in December. c. $11,000 is paid to employees during December for November salaries. d. On November 1, a tenant pays Golden Eagle $4,500 in advance rent for the period November through January. Unearned Revenue is credited. Required: Show the adjusting entries that were made for supplies, prepaid insurance, salaries payable, and unearned revenue on December 31

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