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. 30Dec. 31Dr.Cr.Dr.Cr.Supplies2,1003,600Prepaid insurance6,6004,800Salaries payable13,00015,600Deferred rent revenue3,2001,600

The following information also is known:

1. The December income statement reported $2,600 in supplies expense.
2. No insurance payments were made in December.
3. $13,000 was paid to employees during December for salaries.
4. On November 1, 2021, a tenant paid Righter $4,800 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.