Prepare the subsequent entry for each accrual as follows: (1) collection of the $16,500 on January 10, 2019; (2) payment of salaries on January 11, 2019; (3) payment of utility expenses on January 21, 2019; (4) payment of income tax on January 31, 2019; and (5) repayment of bank loan on March 31, 2019. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

The following information is available for the year-ended December 31, 2018 for Sport Court Resurfacing (SCR) Corporation: On April 1, 2018 signed a bank loan for $9,000 with interest and principal repayable in one-year. The interest rate on the loan is 4% SCR pays its employees $ 31,400 every other Friday which reflects a 2-week pay period or 10 working days. December 3, 2018 falls on a lo da, s they completed on this day until January 11, 2019 Estimated income tax payable for the year end is $7,680 which is payable January 31, 2019 Utility expenses of $430 for the month of December were unrecorded and unpaid. They are due January 21, 2019 S 1. emp?yees will not get paidfor the work 3. 4. 5 16,500, SCR billed the club on January 2, 2019 and collected the full amount on CR provided tennis court resurfacing to a local tennis club. At the end of the year the club owed SCR January 10, 2019