1. M&R Company provided $2,700 in services to customers in December, which are not yet recorded. Those customers are expected to pay the company in January following the companys year-end.
2. Wage expenses of $1,700 have been incurred but are not paid as of December 31.
3. M&R Company has a $5,700 bank loan and has incurred (but not recorded) 8% interest expense of $456 for the year ended December 31. The company will pay the $456 interest in cash on January 2 following the companys year-end.
4. M&R Company hired a firm that provided lawn services during December for $570. M&R will pay for December lawn services on January 15 following the companys year-end.
5. M&R Company has earned $270 in interest revenue from investments for the year ended December 31. The interest revenue will be received on January 15 following the companys year-end.
6. Salary expenses of $970 have been earned by supervisors but not paid as of December 31.