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Consider the following situations for Shocker: 1. On November 28, 2024, Shocker receives a $1,500 payment from a customer for services to be rendered evenly

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Consider the following situations for Shocker: 1. On November 28, 2024, Shocker receives 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. 2. On December 1, 2024, the company paid a local radio station $2,100 for 30 radio ads that were to be alred, 10 per month. throughout December, January, and February. Prepaid Advertising was debited on December 1 . 3. Employee salaries for the month of December totaling $6,000 will be paid on January 7,2025 . 4. On August 31, 2024, Shocker borrowed $50,000 from a local bank. A note was signed with principal and 6% interest to be paid on August 31, 2025. Required: Record the necessary adjusting entries for Shocker at December 31, 2024. No adjusting entries were made during the year (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.) Journal entry worksheet 2. 3.4 On November 28, 2024, Snocker 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 adjusting entry for deferred revenue at its. year-end of December 31. Journal entry worksheet On November 28,2024 , Shocker 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 adjusting entry for deferred revenue at its year-end of December 31. Note: Enter debits before credits. Journal entry worksheet 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. Record the adjusting entry for advertising for Shocker at its year-end of December 31 . Note: Enter debits before credits. Journal entry worksheet Employee salaries for the month of December totaling $6,000 will be paid on January 7, 2025. Record the adjusting entry for salaries for Shocker at its year-end of December 31. Note: Enter debits before credits. Journal entry worksheet On August 31, 2024, Shocker borrows $50,000 from a local bank. A note is signed with principal and 6% interest to be paid on August 31,2025. Record the adjusting entry for interest for Shocker at its year-end of December 31. Note: Enter debits before credits

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