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Golden Eagle Company prepares monthly financial statements for its bank. The November 30 adjusted trial...

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Accounting

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Golden Eagle Company prepares monthly financial statements for its bank. The November 30 adjusted trial balance includes the following account information: The following information is known for the month of December: 1. Purchases of supplies during December total $4,500. Supplies on hand at the end December equal $3,500. 2. No insurance payments are made in December. Insurance cost is $2,000 per month. 3. November salaries payable of $11,000 were paid to employees in December. Additional salaries for December owed at the end of the year are $16,000. 4. On November 1, a tenant paid Golden Eagle $4,500 in advance rent for the period November through January, and Deferred Revenue was credited for the entire amount. Required: Show the adjusting entries that were made for supplies, prepaid insurance, salaries payable, and deferred revenue on December 31. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 4 Record the adjusting entry for supplies on December 31 . Note: Enter debits before cred ts

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