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2 nts Skipped ellook Hint Print Below are transactions for Hurricane Company during 2024. 1. On October 1, 2024, Hurricane lent $7,000 to another
2 nts Skipped ellook Hint Print Below are transactions for Hurricane Company during 2024. 1. On October 1, 2024, Hurricane lent $7,000 to another company. The other company signed a note indicating principal and 6% interest will be paid to Hurricane on September 30, 2025. 2. On November 1, 2024, Hurricane paid its landlord $1,500 representing rent for the months of November through January. The payment was debited to Prepaid Rent for the entire amount on November 1. 3. On August 1, 2024, Hurricane collected $10,800 in advance from another company that is renting a portion of Hurricane's factory. The $10,800 represents one year's rent and the entire amount was credited to Deferred Revenue. 4. Utilities owed at the end of the year are $3,500. 5. Salaries for the year earned by employees but not paid to them or recorded are $3,000. 6. Hurricane began the year with $500 in supplies. During the year, the company purchased $3,500 in supplies and debited that amount to Supplies. At year-end, supplies costing $1,500 remain on hand. Required: Record the necessary adjusting entries at December 31, 2024, for Hurricane Company for each of the situations. Assume that no financial statements were prepared during the year and no adjusting entries were recorded. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.) ances Required: Record the necessary adjusting entries at December 31, 2024, for Hurricane Company for each of financial statements were prepared during the year and no adjusting entries were recorded. (If ne transaction/event, select "No Journal Entry Required" in the first account field. Do not round in Q View transaction list Journal entry worksheet < 1 2 3 5 On October 1, 2024, Hurricane lent $7,000 to another company. The other company signed a note indicating principal and 6% interest will be paid to Hurricane on September 30, 2025. Record the adjusting entry for interest at its year-end of December 31 Note: Enter debits before Date December 31 dis General Journal Debit Credit Record entry Q 13 82 W E M AT 4 S D Z 54 X C H command 55 View general journal MacBook Pro 6 & 27 R T Y LL F G H V 0 00 8 B N usting & Closing Send Required: Record the necessary adjusting entries at December 31, 2024, for Hurricane Company for each of financial statements were prepared during the year and no adjusting entries were recorded. (If no transaction/event, select "No Journal Entry Required" in the first account field. Do not round in View transaction list Journal entry worksheet 3 4 5 6 On November 1, 2024, Hurricane paid its landlord $1,500 representing rent for the months of November through January. The payment was debited to Prepaid Rent for the entire amount on November 1. Record the adjusting entry for rent at its year-end of December 31. Note: Enter debits before credits Date December 31 General Journal Debit Credit Record entry Clear entry View general journal 24 a 93 W E C 54 55 MacBook Pro 7 R T Y 2 4 22 Required: Record the necessary adjusting entries at December 31, 2024, for Hurricane Company for e financial statements were prepared during the year and no adjusting entries were recorded. transaction/event, select "No Journal Entry Required" in the first account field. Do not rou View transaction list Journal entry worksheet < 1 2 3 4 5 6 On August 1, 2024, Hurricane collected $10,800 in advance from another company that is renting a portion of Hurricane's factory. The $10,800 represents one year's rent and the entire amount was credited to Deferred Revenue. Record the adjusting entry for deferred revenue at its year-end of December 31 Note: Enter debits before credits Date December 31 General Journal Debit Credit Record entry Clear entry View general journal " 83 P 54 55 % < Prev 2 of 4 Next MacBook Pro 16 6 B 17 W E R T Y S D F G H cord the necessary adjusting entries at December 31, 2024, for Hurricane Company for ea ancial statements were prepared during the year and no adjusting entries were recorded. ansaction/event, select "No Journal Entry Required" in the first account field. Do not rou View transaction list Journal entry worksheet 5 6 Utilities owed at the end of the year are $3,500. Record the adjusting entry for utilities at its year-end of December 31. < 1 2 3 Note: Enter debits before credits Date December 31 General Journal Debit Credit View general journal Record entry Clear entry 2 P 3 34 < Prev 2 of 4 Next > 35 MacBook Pro 95 MacBook Pro 16 R T Y & 7 D F G H Required Record the necessary adjusting entries at December 31, 2024, for Hurricane Company for e financial statements were prepared during the year and no adjusting entries were recorded transaction/event, select "No Journal Entry Required" in the first account field. Do not ro View transaction list Journal entry worksheet < 2 3 4 5 6 Hurricane began the year with $500 in supplies. During the year, the company purchased $3,500 in supplies and debited that amount to Supplies. At year- end, supplies costing $1,500 remain on hand. Record the adjusting entry for supplies at its year-end of December 31. Note: Enter debits before credits Date December 31 Record entry 2 General Journal Debit Credit Clear entry View general journal < Prev 2 of 4 Next > MacBook Pro % 6 85 54 83 W E S > D 17 R T Y D F G H
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