The Righter Shoe Store Company prepares monthly financial statements for its bank. The November 30 and December 31, 2021, trial balances contained the following account information:

	Nov. 30			Dec. 31
	Dr.	Cr.		Dr.	Cr.
Supplies	2,800			4,300
Prepaid insurance	7,300			5,150
Salaries payable		16,500			16,300
Deferred rent revenue		4,600			2,300

The following information also is known:

1. The December income statement reported $3,300 in supplies expense.
2. No insurance payments were made in December.
3. $16,500 was paid to employees during December for salaries.
4. On November 1, 2021, a tenant paid Righter $6,900 in advance rent for the period November through January. Deferred rent revenue was credited.

Required: 1. Using the above information for December, complete the T-accounts below. The beginning balances should be the balances as of November 30. 2. Using the above information, prepare the adjusting entries Righter recorded for the month of December.

Required 1 Required 2 Using the above information for December, complete the T-accounts below. The beginning balances should be the balances as of November 30. Supplies Prepaid Insurance 7,300 Beg. Bal. Beg. Bal. 2,800 3,300 End. Bal End. Bal Salaries Payable Deferred Rent Reve e Beg. Bal. 16,500 Beg. Bal 4,600 End. Bal. End. Bal Required 1 Required 2 > Journal entry worksheet 1 2 3 Record the adjusting entry at the end of December for prepaid insurance. Note: Enter debits before credits. General Journal Date Debit Credit Dec 31, 2021 Record entry Clear entry View general journal Journal entry worksheet 1 2 3 Record the adjusting entry at the end of December for accrued salaries Note: Enter debits before credits. Date General Journal Debit Credit Dec 31, 2021 Record entry Clear entry View general journal Journal entry worksheet 1 2 3 Record the adjusting entry at the end of December for deferred rent. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31, 2021 Record entry Clear entry View general journal