1. The December iity bill for $510 was unrecorded on December 31. Splish Brothers paid the bill un January 11. 2. Splish Rrothers ls open 7 days a week and emplo ees are pa d a total a $4 2 D every Monday or a 7-day Monday Sunday work Rek Dacam ber 31 s a Thun dav so em Invens wil have wo kod 4 days Monday, e em r 28- mbar 3 that thev hav not been paid for by year-end. Employees will be paid next on anuary 4 3. Splish Brothers signed a $54,000, 5% bank loan on November 1, 2016, due in 2 years. Interest is payable on the tirst day of each following month. 4. Splish Brothers receives ec rom Pizza Shop next door or all pizzas sold to customers using Splish Brotherss aility. The arnount awed for December s $360 which Pizza Shap will pay on January 4 5. Splish Brothers rented some of its unused warehouse space to a client for $7,200 a month, payable the first day of the following month. It received the rent for the month of December on January 2. Hnt: Use the Service Revenue account. Your answer is partially correct. Try again. For each stuation, prepare the adius ng entry required at Decem er 31 Rand answers to decimal places g 5,275. I na entry is required select No Entry or the account titles nd c nter or the amounts Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Date Acrount Titles and Fxplanation L. Dsc. 3, 201? Utilities Expense Debit Accounts Payable 2. Dec. 3L, 2017 Salaries and Wages Expense Salarles and Wages Payable 3. Dec. 31, 2017 Interest Expense Interest Payable