Using the Transaction Analysis Template, determine the financial statement effect of the necessary adjustments as of December $31,$ assuming the following:

$1.$ Prepaid advertising at December $31$ is $$800.$

$2.$ Unpaid wages earned by employees in December are $$1,300.$

$3.$ Prepaid insurance at December $31$ is $$2,280.$

$4.$ Unearned service fees at December $31$ are $$3,000.$

$5.$ Rent revenue of $$1,000$ owed by a tenant is not recorded at December $31.$