Adjustments The following selected accounts of the Shaw Company have unadjusted balances as of December 31, the end of the fiscal year: Using the Transaction Analysis Template, determine the financial statement effect of the necessary adjustments as of December 31 , assuming the following: 1. Prepaid advertising at December 31 is $800. 2. Unpaid wages earned by employees in December are $1,300. 3. Prepaid insurance at December 31 is $2,280. 4. Unearned service fees at December 31 are $3,000. 5. Rent revenue of $1,000 owed by a tenant is not recorded at December 31 . TIP: Enter amounts that reduce the category as negative numbers