Exercise 4 18 (Part Level Subwission) Concord Corporation has the following informution available for accruals for the year ended December 31, 2017. The company adjusts its accounts anny 1. The December utity bill for $340 was uneecorded on December 31. Conoord paid the bill on January 11 2. Concand is ogn 7s a wak and emcloygees are pa tstal ef 52,80oevery Monday for7-day Monday Sunday) workweet. December 31 is a Thursday, so employees will have worked 4 days (Monday, December 20-Thursday, Decemt thery have not been paid for by year-end Employees wil be paild next on Janaary 4 3. Concord signed a snoo, 5% barw loan on November 1, 2016, n in 2 year, treerest is payable on the first day of eachfokwing month. 4. Concord recelves a foe from Pzza Shop next door for all gkzzan sold to usomers using Concord's faollity. The amount owed for December is $242, which Pizza Shop will pay on January 4. (ent: Use the Service Revenve account) Your ar is coet