On January 1, 2019, a company purchases equipment for $49,000. The company uses the straight- line depreciation method and estimates that the equipment will have a useful life of 10 years and a salvage value of $4,000. The company's annual accounting period ends on December 31. In the adjusting entry on December 31, 2019, the company will: On October 1, 2019, a company purchases equipment for $80,000. The company uses the straight- line depreciation method and estimates that the equipment will have a useful life of five years and a salvage value of $10,000. The company's annual accounting period ends on December 31. In the adjusting entry on December 31, 2019, the company will: Huey Company borrows $200,000 cash on November 1, 2019, by signing a 90-day, 9% note with a face value of $200,000. The note matures on January 30, 2020. The company's accounting period ends on December 31. (When calculating the amount of interest, assume a 360-day year.) What journal entry will the company record on November 1, 2019