The Righter Shoe Store Company prepares monthly financial statements for its bank. The November 30 and December 31, 2024, trial balances contained the following account information: November 30 December 31 Debit Credit Debit Credit Supplies 2,000 3,500 Prepaid insurance 6,500 4,750 Salaries payable 12,500 15,500 Deferred rent revenue 3,000 1,500 The following information also is known: The December income statement reported $2,500 in supplies expense. No insurance payments were made in December. $12,500 was paid to employees during December for salaries. On November 1, 2024, a tenant paid Righter $4,500 in advance rent for the period November through January. Deferred rent revenue was credited at the time cash was received. Required: Using the above information for December, complete the T-accounts below. The beginning balances should be the balances as of November 30. Using the above information, prepare the adjusting entries Righter recorded for the month of December