Netflix GRWN X L The R wiley X WP Home X WP Quest X New X + X https://education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=9eca5f1e-c111-4648-a25f-0e112... Homework 3 Question 3 of 5 < A -/1 E : Current Attempt in Progress Sunland Company has the following information available for accruals for the year ended December 31, 2020. The company adjusts its accounts annually. 1. The December utility bill for $405 was unrecorded on December 31. Sunland paid the bill on January 11. 2. Sunland is open 7 days a week and employees are paid a total of $4,970 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. 3. Sunland signed a $46,800, 6% bank loan on November 1, 2020, due in 2 years. No interest payments were made in 2020. Interest for 2020 was paid on January 1, 2021. 4. Sunland receives a fee from Pizza Shop next door for all pizzas sold to customers using Sunland's facility. The amount owed for December is $350, which Pizza Shop will pay on January 4. (Hint: Use the Service Revenue account.) 5. Sunland rented some of its unused warehouse space to a client for $6,500 a month, payable the first day of the following month. It received the rent for the month of December on January 2. ** 4 Op 5 6 & 7 SUPPORT ENG 22:17 +