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please help. There is no option for just revenue in the drop down. Im confused on what else it would be. 1. Income taxes for
please help. There is no option for just "revenue" in the drop down. Im confused on what else it would be.
1. Income taxes for the year total $53,000 but won't be paid until next April 15. 2. On June 30, the company lent its chief financial officer $61,000; principal and interest at 5% are due in one year. 3. On October 1 , the company recelved $11,600 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. (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 comnlate but not entirelv correct Step by Step Solution
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