Business
Business, 14.10.2019 23:20, personm21

On june 30, the company lends its chief financial officer $43,000; principal and interest at 6% are due in one year. record the adjusting entry for interest at its year-end of december 31.

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Business, 27.06.2019 09:00, gissell30
Consider the following transactions for huskies insurance company: equipment costing $37,800 is purchased at the beginning of the year for cash. depreciation on the equipment is $6,300 per year. on june 30, the company lends its chief financial officer $43,000; principal and interest at 6% are due in one year. on october 1, the company receives $13,200 from a customer for a one-year property insurance policy. deferred revenue is credited. 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.
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Business, 19.09.2019 19:00, bnation5970
Item2 5 points return to questionitem 2item 2 5 points brief exercise 2-5 adjusting entries [lo2-5] a company has a fiscal year-end of december 31: (1) on october 1, $21,000 was paid for a one-year fire insurance policy; (2) on june 30 the company lent its chief financial officer $19,000; principal and interest at 5% are due in one year; and (3) equipment costing $69,000 was purchased at the beginning of the year for cash. depreciation on the equipment is $13,800 per year. prepare the necessary adjusting entries at december 31 for each of the above items. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.
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Business, 20.09.2019 21:30, ellarose0731
Consider the following transactions for huskies insurance company: equipment costing $40,800 is purchased at the beginning of the year for cash. depreciation on the equipment is $6,800 per year. on june 30, the company lends its chief financial officer $48,000; principal and interest at 5% are due in one year. on october 1, the company receives $15,200 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.)
Answers: 3
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Business, 25.09.2019 06:20, fantasticratz2
On june 30, the company lends its chief financial officer $43,000; principal and interest at 6% are due in one year. record the adjusting entry for interest at its year-end of december 31.
Answers: 3
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