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Consider the following transactions for Huskies Insurance Company: 1. Income taxes for the year total $45,000 but won't be paid until next April 15 .

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Consider the following transactions for Huskies Insurance Company: 1. Income taxes for the year total $45,000 but won't be paid until next April 15 . 2. On June 30 , the company lent its chief financial officer $53,000; principal and interest at 5% are due in one year: 3. On October 1 , the company received $12,800 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 Huskies Insurance at its year-end of Decemper 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 Income taxes for the year total $45,000 but won't be paid until next April 15. Record the adjusting entry for income taxes at its year-end of December 31 . Journal entry worksheet Income taxes for the year total $45,000 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. 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.) Journal entry worksheet On June 30 , the company lent its chief financial officer $53,000; principal and interest at 5% are due in one year. Record the adjusting entry for interest at its year-end of December 31 . Note: Enter debits before credits. 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.) Journal entry worksheet On October 1 , the company recelved $12,800 from a customer for a one-year property insurance policy. Deferred Revenue was credited on October 1. Record the adjusting entry for deferred revenue at its year-end of December 31. Note: Enter debits before credits

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