ACCT 212
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ACCT212 - Week 3 - Homework.
- Exam (elaborations) • 6 pages • 2023
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- $11.99
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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: 
November 30 
Debit Credit 
Supplies $2,000 
Prepaid Insurance 8,000 
Salaries Payable $11,000 
Deferred Revenue 3,000 
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 of December equal $3,500. 
2. No insurance payments are made in December. In...
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