Business, 27.06.2019 09:00 gissell30

Consider the following transactions for huskies insurance company: equipment costing $37,800 is purchased at the beginning of the year for cash. depreciation on the equipment is $6,300 per year. on june 30, the company lends its chief financial officer $43,000; principal and interest at 6% are due in one year. on october 1, the company receives $13,200 from a customer for a one-year property insurance policy. deferred revenue is credited. 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.

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Consider the following transactions for huskies insurance company: equipment costing $37,800 is pur...

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