Question: View Policies Current Attempt in Progress Greenock Limited has the following information available for accruals for the year ended December 31, 2018. The company adjusts

 View Policies Current Attempt in Progress Greenock Limited has the following

View Policies Current Attempt in Progress Greenock Limited has the following information available for accruals for the year ended December 31, 2018. The company adjusts its accounts annually. 1 The December utility bill for $530 was unrecorded on December 31. Greenack paid the bill on January 21 2 Greenock is open seven days a week and employees are paid a total of $3.700 every Monday for a seven-day (Monday- Sunday) workweek, December 31 is a Monday, so employees will have worked one day (Monday, December 31, that they have not been paid for by year end. Employees will be paid next on Monday, January 7. Greenock signed a $45.300,5% bank loan on November 1, 2017, due in two years. Interest is payable on the first day of each following month and was last paid on December 1 Greenock receives a fee from Pizza Shop next door for all pizzas sold to customers using Greenock's facility. The amount owing for December is $340, which Pizza Shop will pay on January 4. (Hint: Use the Fees Earned account Greenock rented some of its unused warehouse space to a client for $6.700 a month payable the first day of the following month. It received the rent for the month of December on January 2 3 4. 5. View Policies Current Attempt in Progress Greenock Limited has the following information available for accruals for the year ended December 31, 2018. The company adjusts its accounts annually. 1 The December utility bill for $530 was unrecorded on December 31. Greenack paid the bill on January 21 2 Greenock is open seven days a week and employees are paid a total of $3.700 every Monday for a seven-day (Monday- Sunday) workweek, December 31 is a Monday, so employees will have worked one day (Monday, December 31, that they have not been paid for by year end. Employees will be paid next on Monday, January 7. Greenock signed a $45.300,5% bank loan on November 1, 2017, due in two years. Interest is payable on the first day of each following month and was last paid on December 1 Greenock receives a fee from Pizza Shop next door for all pizzas sold to customers using Greenock's facility. The amount owing for December is $340, which Pizza Shop will pay on January 4. (Hint: Use the Fees Earned account Greenock rented some of its unused warehouse space to a client for $6.700 a month payable the first day of the following month. It received the rent for the month of December on January 2 3 4. 5

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