Consider the following items for Shocker Enterprises: 1. On November 30, 2024, Shocker received a $3,300 payment from a customer for services to be rendered evenly over the next three months. Deferred Revenue was recorded on November 30. Revenue for other services during the year provided totaled $61,500. 2. On December 1, 2024, the company paid a local radio station $2,460 for 30 radio ads to be aired, 10 per month, throughout December, January, and February. Prepaid Advertising was recorded for the full amount on December 1. Shocker had no other advertising during the year. 3. Employee salaries for the month of December totaling $7,200 will be paid on January 7, 2025. Salaries paid for the first 11 months of the year total $109,500. 4. On August 31, 2024, Shocker borrowed $62,000 from a local bank. A note was signed with principal with 6% interest to be paid on August 31, 2025. Required: For each item, determine the accounts to be adjusted on December 31, the amount of the adjustment, and the ending balance. Assume no adjustments were previously made during the year. Note: Amounts to be deducted should be indicated with a minus sign. 1. Balance before adjustment Account Required: For each item, determine the accounts to be adjusted on December 31, the amount of the adjustment, and the ending balance. Assume no adjustments were previously made during the year. Note: Amounts to be deducted should be indicated with a minus sign. 1. Balance before adjustment December 31 Adjustment December 31 Ending balance 2. Balance before adjustment December 31 Adjustment December 31 Ending balance 3. Balance before adjustment December 31 Adjustment December 31 Ending balance 4. Account 0 $ 0 0 0 $ 0 0 0 $ 0 Balance before adjustment 0 $ 0 December 31 Adjustment December 31 Ending balance $ 0 $ 0