Cullumber Company has the following information available for accruals for the year ended December 31, 2022. The company adjusts its accounts annually. 1. 2. 3. The December utility bill for $315 was unrecorded on December 31. Cullumber paid the bill on January 11. Cullumber is open 7 days a week and employees are paid a total of $2,590 every Monday for a 7-day (Monday-Sunday) workweek. December 31 is a Thursday, so employees will have worked 4 days (Monday, December 28-Thursday, December 31) that they have not been paid for by year-end. Employees will be paid next on January 4. Cullumber signed a $33,000, 5% bank loan on November 1, 2021, due in 2 years. Interest is payable on the first day of each following month. Cullumber receives a fee from Pizza Shop next door for all pizzas sold to customers using Cullumber's facility. The amount owed for December is $220, which Pizza Shop will pay on January 4. (Hint: Use the Service Revenue account.) Cullumber rented some of its unused warehouse space to a client for $4,440 a month, payable the first day of the following month. It received the rent for the month of December on January 2. 4. 5. Debit Credit No. Date Account Titles and Explanation Dec. 1. 31, Utilities Expense 2022 315 Rent Expense 315 2. Dec. 31, 2022 Salaries and Wages Expense 1,480 Salaries and Wages Payable 1,480 3. Dec. 31, 2022 Interest Expense 137.5 Interest Payable 137.5 4. Dec. 31, 2022 Accounts Receivable 220 Service Revenue 220 5. Dec. 31, 2022 4,440 Rent Revenue 4,440 Debit Credit No. Date Account Titles and Explanation Jan. 11, 2023 1. 2. Jan. 4, 2023 3. Jan. 1, 2023 4. Jan. 4, 2023 5. Jan. 2, 2023