record entry

Uno Equis made the following year-end adjustments on December 31, 2019. Dec 31 The one-year insurance policy was purchased on April 1 for $1,500 The computers were purchased on March 31, 2019 for $13,800, and have an expected useful life of five Dec 31 years, after which they will have no residual value; record the depreciation since the purchase, Uno Equis borrowed $10,000 cash from bank on September 30, 2019. Interest on the bank loan is set Dec 31 at 5%. (Use months to count the accrued interest) A 30-day contract was started on December 16; the customer will pay $6,900 at the end of the Dec 31 contract in January; accrue the revenue earned by the end of December Uno Equis hired an administrative assistant. The assistant worked 24 hours per week for the last two Dec 31 weeks of December at an hourly rate of $17/hour. Uno Equis intends to pay her on January 5, Required: Do not enter dollar signs or commas in the input boxes, Round your answers to the nearest whole number. wuyauud di S. Raabta Te Song. Date Description DR CR Dec 31 Insurance Expense 1500 Prepaid Insurance 1500 To recognize prepaid insurance Dec 31 Depreciation Expense 13800 Accumulated Depreciation 13800 To depreciate long-term assets Dec 31 To record bank charges Dec 31 Accrued revenue earned Dec 31 To accrued salaries owing