Course Modules: CRC Fa22 A( X Question 3 - Chap 2 HW - Con x Course Hero X M Inbox - w1882898@apps.losric x C The Jamesway Corporation ha x + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-g... Q Chap 2 HW Saved Help Save & Exit Submit 3 The Jamesway Corporation had the following situations on December 2021. 1. On December 10, 2021, Jamesway received a $5,600 payment from a customer for services begun on that date and which were completed by December 31, 2021. Deferred service revenue was credited. 2. On December 1, 2021, the company paid a local radio station $5,200 for 40 radio ads that were to be aired, 20 per month, throughout December and January. Prepaid advertising was debited. 5 3. Employee salaries for the month of December totaling $32,000 will be paid on January 7, 2022. points 4. On August 31, 2021, Jamesway borrowed $90,000 from a local bank. A note was signed with principal and 9% interest to be paid on August 31, 2022. 00:50:24 Prepare the necessary adjusting entries at its year-end of December 31, 2021. No adjusting entries were recorded during the year. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Book View transaction list Ask 1 Print On December 10, 2021, Jamesway received a $5,600 payment from a customer for services begun on that date and which were completed by December 31, 2021. Deferred service revenue was credited. References by 2 On December 1, 2021, the company paid a local radio station $5,200 for 40 radio ads that were to be aired, 20 per month, throughout December and January. Prepaid advertising was debited. Credit 3 Employee salaries for the month of December totaling $32,000 will be paid on January 7, 2022. 4 On August 31, 2021, Jamesway borrowed $90,000 from a local bank. A note was signed with principal and 9% interest to be paid on August 31, 2022. Mc Graw