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a. On November 28, 2018, Shocker receives a $3.450 payment from a customer for services to be rendered every over the next three months. Deferred

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a. On November 28, 2018, Shocker receives a $3.450 payment from a customer for services to be rendered every over the next three months. Deferred Revenue is credited. b. On December 1, 2018, the company pays a local radio station $2.490 for 30 radio ads that were to be wird. 10 per month throughout December, January, and February. Prepaid Advertising is debited. c. Employee salaries for the month of December totaling $7,300 will be paid on January 7, 2016 d. On August 31, 2018, Shocker borrows $63,000 from a local bank. A note is signed with principal and interest to be paid on August 31, 2019 Required: Indicate by how much the assets. liabilities, and stockholders' equity in the December 31, 2018, balance sheet is higher ce lower the adjustment is not recorded. (If none of the categories apply for a particular Item, leave the cell blank.) os Assets Llabilities Stockholders' Equity b. C d. Total

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