Sunland Company has the following information available for accruals for the year ended December 31, 2022. The company adjusts its accounts annually. 2 The December utility bill for $439 was unrecorded on December 31. Sunland paid the bill on January 11. 2. 3. 4. 5. Sunland is open 7 days a week and employees are paid a total of $3,570 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. Sunland signed a $45,900,8% bank loan on November 1, 2021, 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.) 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 $306, which Pizza Shop will pay on January 4. (Hint: Use the Service Revenue account.) Sunland rented some of its unused warehouse space to a client for $6,120 a month, payable the first day of the following month. It received the rent payment for the month of December on January 2 For each situation, prepare the adjusting entry required at December 31. (Round answers to O decimal places, e.g. 5,275. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Date Account Titles and Explanation 1. Dec. 31, 2022 2 Dec. 31, 2022 Debit Credit For each situation, prepare the adjusting entry required at December 31. (Round answers to 0 decimal places, e.g. 5,275. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Date Account Titles and Explanation 1. Dec. 31, 2022 2. Dec. 31, 2022 3. Dec. 31, 2022 4. Dec. 31, 2022 5. Dec. 31, 2022 eTextbook and Media List of Accounts O Search Debit Credit For each situation, prepare the journal entry to record the subsequent cash transaction in 2023. (Round answers to O decimal places, es. 5,275. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Date Account Titles and Explanation 1. Jan. 11, 2023 2. Jan. 4, 2023 3. Jan. 1, 2023 4. Jan. 4, 2023 5. Jan, 2, 2023 eTextbook and Media I Debit Credit