YouTube Maps News apter 3 - Homework Help Save & Exh Consider the following transactions for a company 4 1. Equipment costing $41,400 is purchased at the beginning of the year for cash. Depreciation on the equipment is $6,900 per year 2. On June 30, the company lends its chief financial officer $49,000, principal and interest at 6% are due in one year 3. On October 1, the company receives $15,600 from a customer for a one-year property insurance policy. Deferred Revenue is credited. 28 oints Sipped Required: For each item, record the necessary adjusting entry for the company 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.) eBook H View transaction list Print Journal entry worksheet References > 1 2 3 Equipment costing $41,400 is purchased at the beginning of the year for cash. Depreciation on the equipment is $6,900 per year. Record the adjusting entry for depreciation at its year-end of December 31.