Cathy Company's fiscal year ends December 31, 2021. Which of the following situations will not give rise to the need for an adjusting entry at the end of the fiscal year? On August 1, 2021, Cathy Company paid rent for the next six months on its office building. On November 1, 2021, Cathy borrowed cash from the bank and signed a one-year note payable with an interest rate of 10%. The principal and interest are payable at maturity. On January 1, 2021, Cathy Company purchased delivery equipment with an estimated useful life of five years. On November 1, 2021, Cathy received cash in advance for services to be provided in January 2022.