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Golden Eagle Company has the following balances at the end of November: November 30 Debit Credit Supplies $1,450 Prepaid Insurance 5,800 Salaries Payable $9,900 Deferred

Golden Eagle Company has the following balances at the end of November:

November 30
Debit Credit
Supplies $1,450
Prepaid Insurance 5,800
Salaries Payable $9,900
Deferred Revenue 0

The following information is known for the month of December:

Purchases of supplies for cash during December were $3,400. Supplies on hand at the end of December equal $2,950.

No insurance payments are made in December. Insurance expired in December is $1,450.

November salaries payable of $9,900 were paid to employees in December. Additional salaries for December owed at the end of the year are $14,900.

On December 1, Golden Eagle received $2,850 from a customer for rent for the period December through February. By the end of December, one month of rent has been provided.

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