Below are transactions for Hurricane Company during 2021.

1. On October 1, 2021, Hurricane lends $7,700 to another company. The other company signs a note indicating principal and 12% interest will be paid to Hurricane on September 30, 2022.

2. On November 1, 2021, Hurricane pays its landlord $2,550 representing rent for the months of November through January. The payment is debited to Prepaid Rent for the entire amount.

3. On August 1, 2021, Hurricane collects $11,640 in advance from another company that is renting a portion of Hurricanes factory. The $11,640 represents one year's rent and the entire amount is credited to Deferred Revenue.

4. Depreciation on machinery is $4,200 for the year.

5. Salaries for the year earned by employees but not paid to them or recorded are $3,700.

6. Hurricane begins the year with $850 in supplies. During the year, the company purchases $4,200 in supplies and debits that amount to Supplies. At year-end, supplies costing $2,200 remain on hand.