Metlock Limited has the following information available for accruals for the year ended December $31,2027.$ The company adjusts its accounts annually.

The December utility bill for $$412$ was unrecorded on December $31.$ Metlock paid the bill on January $11.$

Metlock is open $7$ days a week and employees are pa$$d a total of $$3,360$ every Monday for a $7-$day $($Monday$-5$unday$)$ workweek. December $31$ is a Thursday, $50$ 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 $4.$

Metlock signed a $$43,200,5\%$ bank loan on November $1,2026,$ due in $2$ years. Interest is payable on the first day of each following month. $($For example, interest incurred during November would be paid on December $1.)$

Metlock receives a fee from Pizza Shop next door for all pizzas sold to customers using Metlock's facility. The amount owed for December is $$288,$ which Pizza Shop will pay on January $4.($Hint: Use the Service Revenue account.$)$

Metlock rented some of its unused warehouse space to a client for $$5,760$ a month, payable the first day of the following month. It received the rent payment for the month of December on January $1.$

For each situation, prepare the journal entry to record the subsequent cash transaction in $2028.($Credit account titles ore outomatically indented when the amount is entered. Do not indent manually List all de bit entries before credit entries. Round answers to $0$ decimal places, eg$.5,275)$

Date

Jan. $1,2028$

Account Titles and Explanation

Debit

M$.$

$1$

$1.$

$1$