PLEASE HELP WITH ALL REQUIREMENTS $!$

$1.$ Journalize the adjusting entries needed on December $31$ for Dillon

Fishing Charters. Assume Dillon Fishing Charters records adjusting entries only at the end of the year.

$2.$ If Dillon Fishing Charters had not recorded the adjusting entries, indicate which specific category of accounts on the financial statements would be misstated and if the misstatement is overstated or understated.

a$.$ The company received its electric bill on December $20$ for $$375$ but will not pay it until January $5.($Use the Utilities Payable account.$)$

b$.$ Dillon Fishing Charters purchased a three$-$month boat insurance policy on November $1$ for $$2,400.$ Dillon Fishing Charters recorded a debit to Prepaid Insurance

c$.$ As of December $31,$ Dillon Fishing Charters had earned $$3,000$ of charter revenue that has not been recorded or received.

d$.$ Dillon Fishing Charters' fishing boat was purchased on January $1$ at a cost of $$33,500.$ Dillon Fishing Charters expects to use the boat for ten years and that it will have a residual value of $$3,500.$ Determine annual depreciation assuming the straight$-$line depreciation method is used.

e$.$ On October $1,$ Dillon Fishing Charters received $$5,000$ prepayment for a deep$-$sea fishing charter to take place in December. As of December $31,$ Dillon Fishing Charters has completed the charter.