On November $28,2021,$ Shocker receives a $$2,250$ payment from a customer for services to be rendered evenly over the next three months. Deferred Revenue is credited.

On December $1,2021,$ the company pays a local radio station $$2,250$ for $30$ radio ads that were to be aired, $10$ per month, throughout December, January, and February. Prepaid Advertising is debited.

Employee salaries for the month of December totaling $$6,500$ will be paid on January $7,2022.$

On August $31,2021,$ Shocker borrows $$55,000$ from a local bank. A note is signed with principal and $9\%$ intertist 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.$)$