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i am studying and im not understanding this i got some but it says wrong try again Consider the following situations for Shocker: 1. On
i am studying and im not understanding this i got some but it says wrong try again
Consider the following situations for Shocker: 1. On November 28,2024 , Shocker received a $4,200 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 $2.640 for 30 radio ads that were to be dired. to per month, throughout December. January; and February. Prepaid Advertising was debited on December 1 3. Employee salaries for the month of December totaling $7,800 will be paid on January 7,2025 . 4. On August 31. 2024. Shocker borrowed $68,000 from a local bank. A note was signed with principal and 6% interest to be paid on August 31, 2025 Step by Step Solution
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