The following information concerns the adjusting entries to be recorded on November 30, 2020. for Railink's year just ended. a. The Office Supplies account started the year with a $5,300 balance. During 2020, the company purchased supplies at a cost of $25,300, which was added to the Office Supplies account. The inventory of supplies on hand at November 30 had a cost of $6,800. b. An analysis of the company's Insurance policies provided these facts: Policy Years of Coverage 2 3 Date of Purchase March 1, 2019 March 1, 2020 July 1, 2020 Total Cost $ 6,960 24,120 4,388 The total premium for each policy was paid in full at the purchase date, and the Prepaid Insurance account was debited for the full cost. Appropriate adjusting entries have been made to November 30, 2019 c. The company has 15 employees who eam a total of $5,300 in salaries for every working day. They are paid each Wednesday for their work in the five-day workweek ending on the preceding Friday. All 15 employees worked November 23 to 27 inclusive. They will be paid salaries for five full days on Wednesday, December 2, 2020, d. The company purchased a building on July 1, 2020. The building cost $311,000 and is expected to have a $30,000 residual value at the end of its predicted 20-year life. e. Because the company is not large enough to occupy the entire building. It arranged to rent some space to a tenant at $3,600 per month, starting on October 1, 2020 The rent was paid on time on October 1, and the amount received was credifed to the Rent Revenue account. However, the tenant has not paid the November rent. The company has worked out an agreement with the tenant, who has promised to pay both November's and December's rent in full on December 15. f on October 1, the company also rented space to another tenant for $3,900 per month. The tenant paid tive months rent in advance on that date. The payment was recorded with a credit to the Unearned Rent account Assume Railink uses the straight-line method to depreciate its assets. For the ease of calculations assume that Salaries for November 30 is not considered for accrual purposes