Income taxes for the year total $60,000 but wont be paid until next April 15. On June 30, the company lent its chief financial officer $68,000; principal and interest at 6% are due in one year. On October 1, the company received $8,800 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 December 31. No adjusting entries were made during the year