On November $30,2024,$ Shocker received a $$1,950$ payment from a customer for services to be rendered evenly over the next three months. Deferred Revenue was recorded on November $30.$

On December $1,2024,$ the company paid a local radio station $$2,190$ for $30$ radio ads to be aired, $10$ per month, throughout December, January, and February. Prepaid Advertising was recorded for the full amount on December $31.$ Shocker had no other advertising during the year.

Employee salaries for the month of December totaling $$6,300$ will be paid on January $7,2025.$

On August $31,2024,$ Shocker borrowed $$53,000$ from a local bank. A note was signed with principal and $6\%$ interest to be paid on August $31,2025.$

Required:

Record the necessary adjusting entries for Shocker on December $31,2024.$ No adjusting entries were made during the year.

Note: 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.

Journal entry worksheet

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On November $30,2024,$ Shocker received a $$1,950$ payment from a customer for services to be rendered evenly over the next three months. Deferred Revenue was recorded on November $30.$ Record the adjusting entry for deferred revenue at its year$-$end of December $31.$

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$December $31,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]$