E3-8 (Adjusting Entries) Andy Roddick is the new owner of Ace Computer Services. At the end of

August 2007, his first month of ownership, Roddick is trying to prepare monthly financial statements. Below is some information related to unrecorded expenses that the business incurred during August.

1. At August 31, Roddick owed his employees $1,900 in wages that will be paid on September 1.

2. At the end of the month he had not yet received the month