1.At August 31, the company owed its employees $800 in salaries and wages that will be paid on September 1.

Dr. Salaries and Wages Expense 800

Cr. Salaries and Wages Payable 800

2.On August 1, the company borrowed $30,000 from a local bank on a 15-year mortgage. The annual interest rate is 10%.

Dr. Interest Expense 250

Cr. Interest Payable 250

3.Revenue for services performed but unrecorded for August totaled $1,100.

Dr. Accounts Receivable 1,100

Cr. Service Revenue 1,100