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Golden Eagle Company prepares monthly financial statements for its bank. The November 30 and December 31 adjusted trial balances include the following account information December
Golden Eagle Company prepares monthly financial statements for its bank. The November 30 and December 31 adjusted trial balances include the following account information December 31 November 30 Debit 1,950 7.800 Credit Debit 450 5.850 Credit Supplies Prepaid Insurance 150 Deferred Revenue 2 800 The following information also is known: $4.400. No insurance payments are made in December c. $10,900 is paid to employees during December for November salaries. On November 1 tenant pays Golden Eagle $4,350 in advance rent for the period November through January. Deferred Revenue is credited. 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 transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet > 1 2 3 4 Record the adjustment for supplies
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