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Consider the following situations for Shocker: be rendered evenly over the next three months. Deferred Revenue is credited. a. On November 28, 2018, Shocker receives
Consider the following situations for Shocker: be rendered evenly over the next three months. Deferred Revenue is credited. a. On November 28, 2018, Shocker receives a $1,950 payment from a customer for services b. On December 1, 2018, the company pays 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. $6.300 dOn duguct 21 2018 Shocker horrows $53.000 from a local hank A note is signet uh incinal and 6% interest to be paid on August 31, 2019 Required: Record the necessary adjusting entries for Shocker at December 31, 2018. No adjusting entries were made during the year. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 3 4 Record the adiustment for revenue earned
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