Enable Editing areful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. d couldn't verify your Microsoft 365 subscription. Please make sure that you're connected to the Internet. Retry e) The company borrowed $50,000 from the bank on Oct. 15, 2019. Although the principal is not due to be repaid until Oct 15, 2019, the company is required to make monthly interest payments of $380 on the 15th of each month. The last interest payment was made on Dec. 15, 2019 With respect to the loan, record the required adjusting journal entry on Dec. 31, 2019and the journal entry to record the payment of interest on Jan. 15, 2019. careful--files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing ord couldn't verify your Microsoft 365 subscription. Please make sure that you're connected to the Internet. Retry c) On June 1, 2019, the company paid $1,500 cash for a one-year insurance policy. With respect to the insurance premium, record the transaction journal entry on June 1, 2019 and the required adjusting journal entry on December 31, 2019. d) The law firm received a cheque from a customer in the amount of $6,300 on June 30, 2019 representing advance payment on legal services. The work commenced July 1, 2019. Assuming the company accountant credited the unearned revenue account with respect to the advance payment, record the transaction journal entry on June 30, 2019 and the required adjusting journal entry on December 31, 2019. At December 31, Yue estimates that 75% of the work has been done. b) On January 2, 2019 the company purchased Office Furniture at a cost of $21,000. In exchange for the furniture the company issued a note payable. The furniture is expected to last 6 years and has a salvage value of $3,000. With respect to the furniture, record the transaction journal entry on January 2, 2019 and the required adjusting journal entry on December 31, 2019: D Focus O Word couldn't verify your Microsoft 365 subscription. Please make sure that you're connected to the Internet. Retry In January 2019, Sue Yue started a law practice establishing December 31 as the fiscal year end for her new company. The following activities occurred in calendar 2019. No adjusting journal entries have been made since January 1, 2019. REQUIRED: a) The company began the year, January 1, 2019 with no supplies. On February 1, 2019, the company made a cash purchase of $5,320 for supplies sufficient for the entire year. At the end of the year, Sue Yue estimated that the value of the remaining supplies was $640. With respect to the supplies, record the transaction journal entry on February 1, 2019 and the required adjusting journal entry on December 31, 2019. (+ b) On January 2, 2019 the company purchased Office Furniture at a cost of $21,000. In exchange for the furniture the company issued a note payable. The furniture is expected to last 6 years and has a salvage value of $3,000. With respect to the furniture, record the D. Focus