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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: Debit

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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Debit Credit Debit Credit Supplies 1,750 3,250 Prepaid Insurance 7,000 5,250 Salaries Payable 10,500 15,500 Deferred Revenue 2,500 1,250 The following information also is known: Purchases of supplies in December total $4,000. . No insurance payments are made in December. . $10,500 is paid to employees during December for November salaries. 1. On November 1, a tenant pays Golden Eagle $3,750 in advance rent for the period November through January. Deferred credited. Required: Show the adjusting entries that were made for supplies, prepaid insurance, salaries payable, and deferred revenue on Dec f no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list View journal entry worksheet X No Transaction General Journal Debit Credit 1 a. Supplies expense 3,250 Supplies 3,250 2 b. Insurance expense 5,250 5,250 3 C. Salaries expense

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