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Below are transactions for Hurricane Company during 2024. 1. On October 1,2024 , Hurricane lent $7,400 to another company. The other company signed a note

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed Below are transactions for Hurricane Company during 2024. 1. On October 1,2024 , Hurricane lent $7,400 to another company. The other company signed a note indicating principal and 12% interest will be paid to Hurricane on September 30, 2025. 2. On November 1, 2024, Hurricane paid its landlord $2,100 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 $11,280 in advance from another company that is renting a portion of Hurricane's factory. The $11,280 represents one year's rent and the entire amount was credited to Deferred Revenue. 4. Utilities owed at the end of the year are $3,900. 5. Salaries for the year earned by employees but not paid to them or recorded are $3,400. 6. Hurricane began the year with $700 in supplies. During the year, the company purchased $3,900 in supplies and debited that amount to Supplies. At year-end, supplies costing $1,900 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 particula transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.) Journal entry worksheet Note: Enter debits before credits. Record the necessary adjusting entries at December 31, 2024, for Hurricane Company for each of the situations. Assume that n financial statements were prepared during the year and no adjusting entries were recorded. (If no entry is required for a partic transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.) Journal entry worksheet 6 On October 1, 2024, Hurricane lent $7,400 to another company. The other company signed a note indicating principal and 12% interest will be paid to Hurricane on September 30, 2025. Record thefladjusting entry for interest at its year-end of December 31. Note: Enter debits before credits. ecord the necessary adjusting entries at December 31, 2024, for Hurricane Company for each of the situations. Assume that n nancial statements were prepared during the year and no adjusting entries were recorded. (If no entry is required for a partic ansaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.) Journal entry worksheet On November 1, 2024, Hurricane paid its landlord $2,100 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. 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.) Journal entry worksheet Note: Enter debits before credits. Record the necessary adjusting entries at December 31, 2024, for Hurricane Company for each of the situations. Assume that no inancial statements were prepared during the year and no adjusting entries were recorded. (If no entry is required for a particular ransaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.) Journal entry worksheet Note: Enter debits before credits. Required: Record the necessary adjusting entries at December 31, 2024, for Hurricane Company for each of the situations. Assume that nc inancial statements were prepared during the year and no adjusting entries were recorded. (If no entry is required for a partic ransaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.) Journal entry worksheet 1 6 Salaries for the year earned by employees but not paid to them or recorded are $3,400 : Record the adjusting entry for salaries at its year-end of December 31 . Note: Enter debits before credits. Record the necessary adjusting entries at December 31, 2024, for Hurricane Company for each of the situations. Assume that no inancial statements were prepared during the year and no adjusting entries were recorded. (If no entry is required for a particu ransaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.) Journal entry worksheet Hurricane began the year with $700 in supplies. During the year, the company purchased $3,900 in supplies and debited that amount to Supplies. At yearend, supplies costing $1,900 remain on hand. Record the adjusting entry for supplies at its year-end of December 31. Note: Enter debits before credits

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