Consider the following transactions for Huskies Insurance Company: 1. Equipment costing $39,600 is purchased at the beginning of the year for cash. Depreciation on the equipment is $6,600 per year. 2. On June 30, the company lends its chief financial officer $46,000; principal and interest at 6% are due in one year. 3. On October 1, the company receives $14,400 from a customer for a one-year property insurance policy. Deferred Revenue is credited. Journal entry worksheet On June 30, the company lends its chief financial officer $46,000; principal and interest at 6% are due in one year. Record the adjusting entry for interest at its year-end of December 31. Note: Enter debits before credits. Date General Journal Debit Credit December 31 Journal entry worksheet