The following is the unadjusted trial balance for RedRiver Lodge Ltd. at its year end, July 31, 2021. The company adjusts its accounts monthly. Required: Required: For each of the pieces of additional information below, prepare any adjusting journal entry necessary to bring the accounts up to date as at July 31 . 2021 - An annual insurance policy was purchased for the first time on October 1 , 2020, for $10,800 cash. (2 points)