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Connider the foesowing situations for a company 1. On November 22,2024 , the compony recelves a 31,500 payment from a customer for setvices to be

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Connider the foesowing situations for a company 1. On November 22,2024 , the compony recelves a 31,500 payment from a customer for setvices to be tendered everiy over the next three risonths. Deferted Roverue wos credited on Nowpmber 28. 2. On Deceinber 42024 , the company pald a focal radio station $2,100 for 30 radia ods that were to be alred, 10 per manth. thereughout Decembec, January, and Febnagry. Prepala Advertising was debled en Docember 1. 3. Employee salaries for the month of December toteing $6,000 wis be paid on Jisnunry 7.2025. 4. On August 31, 2024 , the company borrowed 350.000 from a local bank, A note was signed with principal and 6 ys interest to be poid on augunt 31,2025 Recquiredt Recond the necessary adfustirig entries for the company at December 31, 2024 , No adjusting entrios were made during the year. (if no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account fleid, Do not round Intermediate calculations.) Journal entry worksheet On November 26, 2024, the company receives a $1,500 payment from a customer for services to be rendered evenly over the next three months. Deferred Revenue is credited, Record the adfustind entry for deferred revenue at its year-end of December 31

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