Exercise 3-13 (Static) Record year-end adjusting entries (LO3-3) Below are transactions for Hurricane Company during 2024. 1. On October 1, 2024, Hurricane lent $9,000 to another company. The other company signed a note indicating principal and 12% interest will be paid to Hurricane on September 30, 2025. 2. On November 1, 2024, Hurricane paid its landlord $4,500 representing rent for the months of November through January. The payment was debited to Prepaid Rent for the entire amount on November 1. 3. On August 1, 2024, Hurricane collected $13,200 in advance from another company that is renting a portion of Hurricane's factory The $13,200 represents one year's rent and the entire amount was credited to Deferred Revenue. 4. Utilities owed at the end of the year are $5,500. 5. Salaries for the year earned by employees but not paid to them or recorded are $5,000. 6. Hurricane began the year with $1,500 in supplies. During the year, the company purchased $5,500 in supplies and debited that amount to Supplies. At year-end, supplies costing $3,500 remain on hand