A company has a fiscal year-end of December 31: (1) on October 1, $15,000 was paid for a one-year fire insurance policy: (2) on June 30 the company advanced its chief financial officer $13,000; principal and interest at 7% on the note are due in one year; and (3) equipment costing $63,000 was purchased at the beginning of the year for cash. Depreciation on the equipment is $12,600 per year. Prepare the necessary adjusting entries at December 31 for each of the above items. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet es On October 1, $15,000 was paid for a one-year fire insurance policy. Note: Enter debits before credits. Transaction General Journal Debit Credit Saved Week 2 A Prepare tne necessary aajusting entries at December 31 Tor eacn or tne apove items. (IT select "No journal entry required" in the first account field.) p entry View transaction list Journal entry worksheet 2 On June 30 the company lent its chief financial officer $13,000; principal and interest at 7% are due in one year. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Saved -k Week 2 A Prepare tne necessary aajusting entries at December 31 Tor eacn or tne apove items. (Ir r select "No journal entry required" in the first account field.) entry is r View transaction list Journal entry worksheet 2 Equipment costing $63,000 was purchased at the beginning of the year for cash. Depreciation on the equipment is $12,600 per year. Note: Enter debits before credits. Debit Credit General Journal Transaction Record entry Clear entry View general journal