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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: Supplies Prepaid insurance Salaries payable Deferred rent revenue Nov. 30 Dr. Cr. 2,200 6,700 13,500 3,400 Dec. 31 Dr. Cr. 3,700 4,850 15,700 1,700 The lowing information also is known: a. The December income statement reported $2,700 in supplies expense. b. No insurance payments were made in December c. $13,500 was paid to employees during December for salaries. d. On November 1, 2021, a tenant paid Righter $5,100 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. Complete this question by entering your answers in the tabs below. 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 Beg Bal End. Bal End. Bal Deferred Rent Revenue Salaries Payablo Bog. Bal Beg Bal End, Bal End. Bal Required 2 >

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