Windsor Limited has the following information available for accruals for the year ended December $31,2025.$ The company adjusts its

accounts annually.

The December utility bill for $$365$ was unrecorded on December $31.$ Windsor paid the bill on January $11.$

Windsor is open $7$ days a week and employees are paid a total of $$3,010$ 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

that they have not been paid for by year$-$end. Employees will be paid next on January $4.$

Windsor signed a $$38,400,5\%$ bank loan on November $1,2024,$ 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 $1.)$

Windsor receives a fee from Pizza Shop next door for all pizzas sold to customers using Windsor's facility. The amount owed

for December is $$260,$ which Pizza Shop will pay on January $4.($Hint: Use the Service Revenue account.$)$

Windsor rented some of its unused warehouse space to a client for $$5,160$ a month, payable the first day of the following

month. It received the rent for the month of December on January $2.$

$(a)$

For each situation, prepare the adjusting entry required at December $31.($List all debit entries before credit entries. Round answers to

$0$ decimal places, e$.$g$.5,275.$ If no entry is required, select $"$No Entry" for the account titles and enter O for the amounts. Credit account titles

are automatically indented when the amount is entered. Do not indent manually.$)$

No$.$ Date Account Titles and Explanation

Credit

Dec.

$31,$

$2025$

Dec.

$31,$

$2025$

Dec.

$31,$

$2025$

Dec.

$31,$

$2025$

Dec.

$31,$

$2025($b$)$

For each situation, prepare the journal entry to record the subsequent cash transaction in $2026.($List all debit entries before credit

entries. Round answers to $0$ decimal places, e$.$g$.5,275.$ If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the

amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.$)$

No$.$ Date

Account Titles and Explanation

Debit

Credit

Jan.

$11,$

$2026$

Jan.

Jan. $4,2026$

$1$

$$

$]$

Jan.

$1,$

$2026$

Jan.

$4,$

$2026$

Jan.

Jan. $2,2,$

$2026$

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