Current Attempt in Progress Pharoah & Associates records adjusting entries on an annual basis. The company has the following information available on accruals that must be recorded for the year ended December 31, 2024: 1. 2. 3. 4. 5. Pharoah has a $13.200, 6% note receivable with a customer. The customer pays the interest on a monthly basis on the first of the month. Assume the customer pays the correct amount each month. Pharoah pays its employees a total of $6,200 every second Friday. Employees work a five-day week, Monday to Friday, and are paid for all statutory holidays. Assume December 31, 2024, is a Friday. Employees were last paid up to the Friday of the prior week. Pharoah has a contract with a customer where it provides services prior to billing the customer. On December 31, 2024, this customer owed Pharoah $3.330. Pharoah billed the customer on January 7, 2025, and collected the full amount on January 18.2025. Pharoah received the $515 December utility bill on January 10, 2025. The bill was paid on its due date, January 23, 2025. Pharoah has a $25,200, 6% note payable. Interest is paid every six months, on April 30 and October 31. Assume that Pharoah made the correct interest payments on April 30, 2024, and October 31, 2024.