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I need help please 7. 1.00 points The Righter shoe store Company prepares monthly financial statements for its bank. The November 30 and December 31,2016,

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7. 1.00 points The Righter shoe store Company prepares monthly financial statements for its bank. The November 30 and December 31,2016, trial balances contained the following account information: Dec. 31 Cr. 2,300 Prepaid insurance 6,800 Salaries and wages payable 4.900 14,000 15,800 The following information also is known a. The December income statement reported $2,800 in supplies expense. b No insurance payments were recorded in December. d. S14,000 was paid to employees during December for and January. Deferred rent revenue was Righter s5.400 in advance rent for the period November though credited. 1. What was the cost of supplies purchased during December? Beg. Bal End Bal 2. what was the adjusting entry recorded at the end of December for prepaid insurance

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