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 $4,600 balance. During 2020, the company purchased supplies at a cost of $24,600, which was added to the Office Supplies account. The inventory of supplies on hand at November 30 had a cost of $6,100. b. An analysis of the company's insurance policies provided these facts: Policy Years of Coverage Date of Purchase March 1, 2019 March 1, 2020 July 1, 2020 NM Total Cost $ 5,280 21,600 3,540 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 earn a total of $4,600 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 $304,000 and is expected to have a $23,000 residual value at the end of its predicted 30-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 $2.900 per month, starting on October 1, 2020. The rent was paid on time on October 1, and the amount received was credited 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 $3,550 per month. The tenant paid five months' rent in advance on that date. The payment was recorded with a credit to the Unearned Rent account. Accumo. Railink.unnn.tha.strnirkt.ling.mathod.to.danrasiatn.itranntr........ 1. Use the information to prepare the annual adjusting entries as of November 30, 2020. (Do not round intermediate calculations. Round your final answer to nearest whole dollar.) View transaction list Journal entry worksheet 2. Prepare journal entries to record the subsequent cash transactions in December 2020 described in parts (c) and (e). View transaction list Journal entry worksheet Record the payment of accrued salaries. Note: Enter debits before credits. General Journal Debit Credit Date Dec 01, 2020 Record entry Clear entry View general journal