ok ' . nces 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 at December 31, 2021. No adjusting entries were made during the year. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round Intermediate calculations.) View transaction list Journal entry worksheet < 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. Record the adjusting entry for deferred revenue at its year-end of December 31. Note: Enter debits before credits Date General Journal December 31 Deferred Revenue Debit Credit 650 Service Revenue 650 Record entry Clear entry View general journal