1 Consider the following transactions for Huskies Insurance Company 1 Equipment costing $37,800 is purchased at the beginning of the year for cash. Depreciation on the equipment is $6,300 per year. 2. On June 30, the company lends its chief financlal officer $43.000; principal and interest at 6% are due in one year 3. On October 1, the company receives $13.200 from a customer for a one-year property insurance policy. Deferred Revenue is credited 10 points Required: For each item, record the necessary adjusting entry for Huskles Insurance at its year-end of December 31. No adjusting entries were made during the year. (If no entry is required for a particuler transection/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculetions.) Answer is complete and correct. General Journal Debit Credit No Date December 31 Depreciation Expense 6300 6,300 Accumulated Depreciation 1,290 Interest Receivable- December 31 2 1,290 Interest Revenue 3,300 Deferred Revenue December 31 3 3,300 Service Revenue Next>