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Golden Eagle Company prepares monthly financial statements for its bank. The November 3 0 adjusted trial balance includes the following account information: table [
Golden Eagle Company prepares monthly financial statements for its bank. The November adjusted trial balance includes the following account information:
tableNovember SuppliesCreditPrepaid Insurance,Salaries Payable,,Deferred Revenue,$
The following information is known for the month of December:
Purchases of supplies during December total $ Supplies on hand at the end of December equal $
No insurance payments are made in December. Insurance cost is $ per month.
November salaries payable of $ were paid to employees in December. Additional salaries for December owed at the end of the year are $
On November a tenant paid Golden Eagle $ in advance rent for the period November through January, and Deferred Revenue was credited for the entire amount.
Required:
Show the adjusting entries that were made for supplies, prepaid insurance, salaries payable, and deferred revenue on December
If no entry is required for a particular transactionevent select No Journal Entry Required" in the first account field.
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