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Consider the following transactions for Huskies Insurance Company 1. Equipment costing $36.000 is purchased at the beginning of the year for cash. Depreciation on the

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Consider the following transactions for Huskies Insurance Company 1. Equipment costing $36.000 is purchased at the beginning of the year for cash. Depreciation on the equipment is $6,000 per year 2. On June 30, the company lends its chief financial officer $40,000 principal and interest at 6% are due in one year 3. On October 1, the company receives $12.000 from a customer for a one-year property insurance policy. Deferred Revenue is credited. Required: For each item, record the necessary adjusting entry for Huskies Insurance 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.) Answer is not complete. No Date General Journal Debit Credit 6.000

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