Duing ins first year of operations, Walnut Company completed the following two transactions. The annual accounting period ends December $31.$

a$.$ Paid and recorded wages of $$132\mathrm{.}000$ during Year $1,$ howeves, at the end of Year $1,$ three days' wages are unpaid and have not yel been recorded becave the weelly payroll will not be paid to employees untl January $6$ of Year $2.$ Wages for the three days are $$4\mathrm{.}200.$

b$.$ Collected rent revenue of $$6,900$ on December $12$ of Vear $1$ for office space that Walnut rented to another company. The rent colected wes for $30$ dirss from December $12$ of Vear $1$ to Jaruary $10$ of Vear $2.$

$3.$ Show how any liabilites related to these Iransactions should be reported on the company's balance sheet at December $31,$ Year $1.$

$\backslash$table$[[$nalmut coapany$],[$Balance Shatr $($Patt$)],[$As of December $31],[$Cament lahilites:,,$],[*,,],[,,],[,,],[$Total$,,50]]$