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Consider the following situations for Shocker. 1. On November 28, 2021, Shocker receives a $1.950 payment from a customer for services to be rendered evenly

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Consider the following situations for Shocker. 1. On November 28, 2021, Shocker receives a $1.950 payment from a customer for services to be rendered evenly over the next three months. Deferred Revenue is credited. 2 on December 1, 2021, the company pays a local radio station $2,190 for 30 radio ads that were to be aired. 10 per month throughout December, January, and February. Prepaid Advertising is debited. 3. Employee salaries for the month of December totaling $6,300 will be paid on January 7, 2022 4. On August 31, 2021. Shocker borrows $53,000 from a local bank. A note is signed with principal and 6% interest to be paid on August 31, 2022 Required: Record the necessary adjusting entries for Shocker ot December 31, 2021 No adjusting entries were made during the year. (If no entry as required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round Intermediate calculations.) Mow transaction fint Journal entry worksheet 1 2 3 > On November 28, 2021, Shocker receives a $1.950 payment from a customer for services to be rendered evenly Over the next three months. Deferred Revenue credited. Record the adjusting entry for deferred revenue at its year-end of December 31 er det rits Date General Journal Debit Credit

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