Suppose a customer rents a vehicle forthree months from Commodores Rental on November 1, paying $3,300 (\$1,100/month). Required: 1.82. Record the necessary entries in the Journal Entry Worksheet below. 3. Calculate the year-end adjusted balances of the Deferred Revenue and Service Revenue accounts (assuming the balance Deferred Revenue at the beginning of the year is $0 ). Journal entry worksheet Record the vehicle rental from Commodores Rental on November 1. Note: Enter debits before credits. Journal entry worksheet Record adjusting entry on December 31. Note: Enter debits before credits. Calculate the year-end adjusted balances of the Deferred Revenue and Service Revenue accounts (assuming the balance of Deferred Revenue at the beginning of the vear is $0 )