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Current Attempt in Progress Pharoah Computer Services began operations in July 2022. At the end of the month, the company prepares monthly financial statements. It

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Current Attempt in Progress Pharoah Computer Services began operations in July 2022. At the end of the month, the company prepares monthly financial statements. It has the following information for the month 1. At July 31, the company owed emploveer $1.800 in salaries that the company will pay in August. 2. On July 1 , the company borrowed $24,100 from focal bank on a 10 -year note. The annual interest rate is 12% interest is paid annually, 3. Service revenue unrecorded in July totaled $2,400. Prepare the adjusting entries needed at July 31, 2022. (List all debit entris before credit entries, Crefit occount bitles ore automatically indented when the amount is entered. Donot indent manually

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