The following information is known for the month of december: purchases of supplies for cash during december were 4,000. supplies on hand at the end of december equal 3,250. no insurance payments are made in december. insurance expired in december is 1,750. november salaries payable of 10,500 were paid to employees in december. additional salaries for december owed at the end of the year are 15,500. on december 1, golden eagle received 3,750 from a customer for rent for the period december through february. by the end of december, one month of rent has been provided.
A) 5,000
B) 8,000
C) 11,500
D) 12,750
