Business
Business, 30.09.2019 20:30, LilFlamingo247

Bramble corp. has the following information available for accruals for the year ended december 31, 2019. the company adjusts its accounts annually.1. the december utility bill for $415 was unrecorded on december 31. bramble paid the bill on january 11.2. bramble is open 7 days a week and employees are paid a total of $3,430 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 4.3. bramble signed a $44,400, 5% bank loan on november 1, 2018, due in 2 years. interest is payable on the first day of each following month.4. bramble receives a fee from pizza shop next door for all pizzas sold to customers using bramble’s facility. the amount owed for december is $290, which pizza shop will pay on january 4. (hint: use the service revenue account.)5. bramble rented some of its unused warehouse space to a client for $5,880 a month, payable the first day of the following month. it received the rent for the month of december on january 2.

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Bramble corp. has the following information available for accruals for the year ended december 31, 2...

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