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: The following information also is known: a. The December income statement reported $2,500 in supplies expense. D. No insurance payments were made in December. c. \$12,500 was paid to employees during December for salaries. 1. 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: 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. Using the above information for December, complete the T-accounts below. The beginning balances should be the balance Journal entry worksheet 3 Record the adjusting entry at the end of December for prepaid insurance. Note: Enter debits before credits