1. On November 28, 2021, Shocker receives a $2,250 payment from a customer for services to be rendered evenly over the next three months. Deferred Revenue is credited. Record the adjusting entry for deferred revenue at its year-end of December 31.

2.On December 1, 2021, the company pays a local radio station $2,250 for 30 radio ads that were to be aired, 10 per month, throughout December, January, and February. Prepaid Advertising is debited. Record the adjusting entry for advertising for Shocker at its year-end of December 31.

3.Employee salaries for the month of December totaling $6,500 will be paid on January 7, 2022. Record the adjusting entry for salaries for Shocker at its year-end of December 31.

4.On August 31, 2021, Shocker borrows $55,000 from a local bank. A note is signed with principal and 9% interest to be paid on August 31, 2022. Record the adjusting entry for interest for Shocker at its year-end of December 31.

Journal entry worksheet 1 2 3 4 On November 28, 2021, Shocker receives a $2,250 payment from a customer for services to be rendered evenly over the next three months. Deferred Revenue is credited. Record the adjusting entry for deferred revenue at its year-end of December 31. Note: Enter debits before credits. Date General Journal Debit Credit December 31 Record entry Clear entry View general journal Journal entry worksheet