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Golden Eagle Company has the following balances at the end of November: November 30 Debit Credit Supplies $1,850 Prepaid Insurance 7,400 Salaries Payable $10,700 Deferred
Golden Eagle Company has the following balances at the end of November: November 30 Debit Credit Supplies $1,850 Prepaid Insurance 7,400 Salaries Payable $10,700 Deferred Revenue 0 The following information is known for the month of December: Purchases of supplies for cash during December were $4,200. Supplies on hand at the end of December equal $3,350. No insurance payments are made in December. Insurance expired in December is $1,850. November salaries payable of $10,700 were paid to employees in December. Additional salaries for December owed at the end of the year are $15,700. On December 1, Golden Eagle received $4,050 from a customer for rent for the period December through February. By
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