Pharoah Company has the following information available for accruals for the year ended December $31,2024.$ The company adjusts its accounts annually.

The December utility bill for $$421$ was unrecorded on December $31.$ Pharoah paid the bill on January $11.$

Pharoah is open seven days a week and employees are paid a total of $$3,430$ every Monday for a Monday to Sunday workweek. Suppose that December $31$ is a Thursday, so employees will have worked four days $($Monday$,$ December $28$ to Thursday, December $31)$ that they have not been paid for by year end. Employees will be paid next on January $4.$

Pharoah signed a $$47,040,5\%$ bank loan on November $1,2023,$ due in two years. Interest is payable on the first day of each following month. $($For example, interest incurred during November would be paid December $1.)$

Pharoah receives a fee from Pizza Shop next door for all pizzas sold to customers using Pharoah's facility. The amount owed for December is $$294,$ which Pizza Shop will pay on January $4.($Hint: Use the Service Revenue acchunt.$)$

Pharoah rented some of its unused warehouse space to a client for $$5,880$ a month, payable the first day of the following month. It received the rent for the month of December on January $2.$