Marigold Corp. has the following information available for accruals for the year ended December 31, 2022. The company adjusts its accounts annually 1. The December utility bill for $880 was unrecorded on December 31 Marigold paid the bill on January 11. 2. 3. Marigold is open 7 days a week and employees are paid a total of $7.000 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 Marigold signed a $90,000, 5% bank loan on November 1, 2021, due in 2 years. Interest is payable on the first day of each following month (For example interest incurred during November is paid on December 1.). Marigold receives a fee from Pizza Shop next door for all pizzas sold to customers using Marigold's facility. The amount owed for December is $600. which Pizza Shop will pay on January 4. (Hint Use the Service Revenue account) Marigold rented some of its unused warehouse space to a client for $12.000 a month payable the first day of the following month. It received the rent for the month of December on January 2. 4 5. (a) Your answer is partially correct For each situation, record the adjustment required at December 31 using the tabular summary that follows. (Round all calculations to the nearest dollar. If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets 2022 Cash Accts. Rec. Accts. Pay 1 Dec. 31 880