Answer: See explanation
Explanation:
Journal entry simply has to do with the recording of transactions in an accounting book which signifies the debit and credit balances of the company.
For the adjusting entries:
On Dec 31:
Interest expense:
= 16000 × 9% × 11/12
= 1320
Prepaid insurance
= 4400/24 × 9
= 1650
Check the attached file for further explanation.
The species is on CITES Appendix II, but its status is poorly known. The IUCN Red-List (2007, www.iucnredlist.org) classified it as Lower Risk/Least Concern
A,b I think should be the answer