Exercise 3-13A Record year-end adjusting entries (LO3-3) Below are transactions for Hurricane Company during 2021. 1. On October 1, 2021, Hurricane lends $7,400 to another company. The other company signs a note indicating principal and 12% interest will be paid to Hurricane on September 30, 2022. 2. On November 1, 2021, Hurricane pays its landlord $2,100 representing rent for the months of November through January. The payment is debited to Prepaid Rent for the entire amount. 3. On August 1, 2021, Hurricane collects $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 is credited to Deferred Revenue. 4. Depreciation on machinery is $3,900 for the year. 5. Salaries for the year earned by employees but not paid to them or recorded are $3,400. 6. Hurricane begins the year with $700 in supplies. During the year, the company purchases $3,900 in supplies and debits that amount to Supplies. At year-end, supplies costing $1,900 remain on hand. Required: Record the necessary adjusting entries at December 31, 2021, 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 1 2 3 4 5 6 > On October 1, 2021, Hurricane lends $7,400 to another company. The other company signs a note indicating principal and 12% interest will be paid to Hurricane on September 30, 2022. Record the adjusting entry for interest at its year-end of December 31. Note: Enter debits before credits. General Journal Debit Credit Date December 31 Depreciation on machinery is $3,900 for the year. Record the adjusting entry for depreciation at its year-end of December 31. Note: Enter debits before credits. Date General Journal Debit Credit December 31 Journal entry worksheet 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. General Journal Debit Credit Date December 31 Journal entry worksheet