DeVry Stuc X Week 3: Hc X M McGraw H X M Question 2 X Inbox X G WEEK 7 AC X Devry Uni x G Google Ch X Course He X + V X ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.mheducation.com%252Fconnect%... Week 3: Homework SEVEE Help Save & Exit Submit You received partial credit in the previous attempt. View previous attempt Check my work 2 Consider the following transactions for Huskies Insurance Company: 1. Equipment costing $37,200 is purchased at the beginning of the year for cash. Depreciation on the equipment is $6.200 per year. 10 2. On June 30. the company lends its chief financial officer $42,000; principal and Interest at 5% are due in one year. points 3. On October 1. the company receives $12,800 from a customer for a one-year property Insurance policy. Deferred Revenue Is credited. 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.) View transaction Mlat View journal entry worksheet No Date General Journal Debit Credit December 31 Depreciation Expense 8.200 Accumulated Depreciation 8,200 Print nterest Receivable 1.050 Interest Revenue 1,050 Deferred Revenue 3.200 References Service Revenue 3,200 1 87 F Q Search a 5:43 PM Mostly sunny 6/24/2023 11