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help needed The information necessary for preparing the 2024 year-end adjusting entries for Rogers Advertising Agency appears below. Rogers's fiscal year-end is December 31 .

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The information necessary for preparing the 2024 year-end adjusting entries for Rogers Advertising Agency appears below. Rogers's fiscal year-end is December 31 . 1. On July 1, 2024. Rogers received $5,100 from a customer for advertising services to be given evenly over the next 10 months. Rogers credited Deferred Revenue on July 1. 2. At the end of the year, income taxes pwed are $6,100. 3. On May 1, 2024, the company paid $3,720 for a two-year fire and liability insurance policy. The company debited Prepaid Insurance on May 1. 4. On September 1, 2024, the company borrowed $11,000 from a local bank and signed a note. Principal and interest at 9% will be paid on August 31, 2025. 5. At yeat-end there is a $2.250 debit balance in the Supplies (asset) account. Only $910 of supplies remains on hand at the end of the yeat. Required: Record the necessary adjusting entries on December 31, 2024. No prior adjustments have been made during 2024. (Do not round intermediate calculations. If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) On July 1,2024 , Rogers received $5,100 from a customer for advertising services to be given evenly over the next 10 months. Rogers credited Deferred Revenue on July 1. Prepare the adjusting entry at December 31 . At the end of the year, income taxes owed are $6,100. Prepare the adjusting entry at December 31 . Note: Enter debits before credits. On May 1,2024 , the company paid $3,720 for a two-year fire and liability insurance policy. The company debited Prepaid Insurance on May 1. Prepare the adjusting entry at December 31 . On September 1,2024 , the company borrowed $11,000 from a local bank and signed a note. Principal and interest at 9% will be paid on August 31, 2025. Prepare the adjusting entry at December 31 . At year-end there is a $2,250 debit balance in the Supplies (asset) account. Only $910 of supplies remains on hand at the end of the year. Prepare the adjusting entry at December 31 . Note: Enter debits before credits

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