2:33 9 . LTE OD AA ezto.mheducation.com C Week 3: Homew... Saved ave & Exit Submit Check my work 2 10 points Skipped ased at the beginning of the year for cash. ;,200 per year. Record the adjusting entry ecember 31. eBook Hint Journal Debit Credit Ask Print References entry View general jo Mc Graw Hill A2:33 9 . LTE OD AA ezto.mheducation.com C Week 3: Homew... Saved ave & Exit Submit Check my work 2 View transaction list Journal entry worksheet 10 points 2 3 Skipped Equipment costing $31,200 is purchase Depreciation on the equipment is $5,20 eBook for depreciation at its year-end of Decel Hint Note: Enter debits before credits. Ask Date General Jou Print December 31 References Record entry Clear entr Mc Graw Hill A2:32 4 .. LTE C} AA 8 ezto.mheducation.com 0 Week 3: Homew... a Saved ave & Exit Submit Consider the following transactions for -luskies Insurance Company: 10 I. Equipment costing $31,200 is points purchased at the beginning of the year for cash. Depreciation on the Skippeo' equipment is $5,200 per year. I. On June 30, the company lends its chief financial officer $32,000; 930\" principal and interest at 6% are due in Him one year. i. On October 1, the company receives ASk $8,800 from a customer for a oneyear . property insurance policy. Deferred Print , , Revenue IS credited. References Qequired: =or each item, record the necessary adjusting entry for Huskies Insurance at ts yearend of December 31. No adjusting entries were made during the year. (If no entry is required for a particular :ransaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.) %