u lURYJNg Company at December 31, ZUZU, produces the following data pertaining to the preparation or annustausch entries. 1. Salaries and Wages Payable $0. There are eight employees. Salaries and wages are paid every Friday for the current week. Five employees receive $810 each per week, and three employees earn $600 each per week. December 31 is a Tuesday. Employees do not work weekends. All employees worked the last 2 days of December. 2. Unearned Rent Revenue $396,120. The company began subleasing office space in its new building on November 1. Each tenant is required to make a $5,620 security deposit that is not refundable until occupancy is terminated. At December 31, the company had the following rental contracts that are paid in full for the entire term of the lease. Date Nov. 1 Dec. 1 Term (in months) Monthly Rent Number of Leases $6,670 $6,060 3. Prepaid Advertising $18,000. This balance consists of payments on two advertising contracts. The contracts provide for monthly advertising in two trade magazines. The terms of the contracts are as shown below. Contract Date Amount Number of Magazine Issues A650 May 1 $8,400 B974 Oct. 1 9,600 The first advertisement runs in the month in which the contract is signed, 4. Notes Payable $56,200. This balance consists of a note for one year at an annual interest rate of 12%, dated June 1 Wk3 Prob A Review Of The Ledger of Swifty Company Al Decemb ergy. Closing it may improve the responsiveness of your Mac. indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts. Ro places, e.g. 2,520.) No. Account Titles and Explanation Debit Credit eTextbook and Media Solution List of Accounts