following adjusting entries on June 30, 2017: a. On 15 February 2017, Hocks Ltd paid $6,000 for a six-month advertising campaign, which started in March. The payment was initially recorded as an asset. b. On 1 June 2017 Hocks Ltd received $9,000 in rent, 6 months in advance, to cover a tenancy starting that month. It was initially recorded as unearned revenue. c. On 1 January 2017, Hocks Ltd borrowed $60,000 at an annual interest rate of 8%. Interest is payable at the end of each 12-month period from the commencement of the note payable.