2:34 7 . LTE OD AA ezto.mheducation.com C Week 3: Homew... Saved ave & Exit Submit Check my work 3 Consider the following situations for Shocker: 10 1. On November 28, 2021, Shocker points receives a $3,900 payment from a customer for services to be rendered evenly over the next three months. eBook Deferred Revenue is credited. Hint 2. On December 1, 2021, the company pays a local radio station $2,580 for 30 Ask radio ads that were to be aired, 10 per Print month, throughout December, January, and February. Prepaid Advertising is References debited. 3. Employee salaries for the month of December totaling $7,600 will be paid on January 7, 2022. 4. On August 31, 2021, Shocker borrows $66,000 from a local bank. A note is signed with principal and 8% interest to be paid on August 31, 2022. Required: Record the necessary adjusting entries for Shocker at December 31, 2021. No adjusting entries were made during the year. (If no entry is required for a particular transaction/event, select "No Inrivnal Entris DANIlivAll in tha fivet Mc Graw Hill A2:34 7 . LTE OD AA ezto.mheducation.com C Week 3: Homew... Saved ave & Exit Submit Check my work 3 View transaction list 10 Journal entry worksheet points Hill A2:34 7 . LTE OD AA ezto.mheducation.com C Week 3: Homew... Saved ave & Exit Submit Check my work 3 leet 10 points 4 eBook borrows $66,000 from a local bank. A note is Hint nterest to be paid on August 31, 2022. Record : for Shocker at its year-end of December 31. Ask Print References eral Journal Debit Cred Clear entry View gen Mc Graw Hill A2:34 7 . LTE OD AA ezto.mheducation.com C Week 3: Homew... Saved ave & Exit Submit Check my work 3 saction list 10 points nal entry worksheet 1 2 3 4 eBook Hint ugust 31, 2021, Shocker borrows $66,000 fror d with principal and 8% interest to be paid on Ask djusting entry for interest for Shocker at its ye Print ter debits before credits. References te General Journal ber 31 cord entry Clear entry Mc Graw Hill A