Consider the following transactions for a company:

Income taxes for the year total $$46,000$ but won't be paid until next April $15.$

On June $30,$ the company lent its chief financial officer $$54,000$; principal and interest at $6\%$ are due in one year.

On October $1,$ the company received $$13,200$ from a customer for a one$-$year property insurance policy. Deferred Revenue was credited on October $1.$

Required:

For each item, record the necessary adjusting entry for the company at its year$-$end of December $31.$ No adjusting entries were made during the year. $($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

$1$

$2$

$3$

Income taxes for the year total $$46,000$ but won't be paid until next April $15.$

Record the adjusting entry for income taxes at its year$-$end of December $31.$

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$December $31,,,],[,,,],[,,,],[,,,],[,,,]]$