The following items are necessary for preparing the $2024$ year$-$end adjustments for Rogers Advertising Agency. Rogers$$s fiscal year$-$end is December $31.$

On July $1,2024,$ Rogers received $$4,300$ from a customer for advertising services to be given evenly over the next $10$ months. Revenues related to other advertising provided during the year total $$104,500$

At the end of the year, income taxes owed are $$5,300.$ These taxes won$$t be paid until next April $15.$

On May $1,2024,$ the company paid $$2,760$ for a two$-$year fire and liability insurance policy. The amount was recorded in Prepaid Insurance on May $1.$ Insurance costs prior to May total $$1,440.$

On September $1,2024,$ the company borrowed $$27,000$ from a local bank and signed a note. Principal and interest at $9\%$ will be paid on August $31,2025.$

At year$-$end, there is a $$1,850$ balance in the Supplies account. Only $$830$ of supplies remains on hand at the end of the year.

Required:

For each item, determine the accounts to be adjusted on December $31,2024,$ the balances before adjustment, the amount of the adjustment, and the ending balances. Assume no adjustments were previously made during the year.

Note: Amounts to be deducted should be indicated with a minus sign.