Consider the following situations for a company:

On November $28,2024,$ the company received a $$1,500$ payment from a customer for services to be rendered evenly over the next three months. Deferred Revenue was credited on November $28.$

On December $1,2024,$ the company paid a local radio station $$2,100$ for $30$ radio ads that were to be aired, $10$ per month, throughout December, January, and February. Prepaid Advertising was debited on December $1.$

Employee salaries for the month of December totaling $$6,000$ will be paid on January $7,2025.$

On August $31,2024,$ the company borrowed $$50,000$ from a local bank. A note was signed with principal and $6\%$ interest to be paid on August $31,2025.$

Required:

Indicate by how much the assets, liabilities, and stockholders' equity in the December $31,2024,$ balance sheet is higher or lower if the adjusting entry is not recorded.