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: CE. Supplies Prepaid insurance Salaries payable Deferred rent revenue Nov. 30 Dr. 2,000 6,500 12,500 3,000 Dec. 31 Dr. 3,500 4,750 15,500 1,500 The following information also is known: a. The December income statement reported $2,500 in supplies expense. b. No insurance payments were made in December c. $12,500 was paid to employees during December for salaries. d. On November 1, 2021, a tenant paid Righter $4,500 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 Beg. Bal. L Beg Bal End. Bal. End. Bal. Salaries Payable Deferred Rent Revenue Beg. Bal. Beg. Bal. End Bal End. Bal. Required 2 > Required 1 Required 2 Using the above information, prepare the adjusting entries Righter recorded for the month of December. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list 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 Debit Credit Date Dec 31, 2021 Record entry Clear entry View general journal