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Ch 3: Homewaork - Course Content - 2020 SPRINGS X "courses/32973/assignments/3353566 statements. Below is some intormation related to unrecorded expenses tnat the business incurred during August. 1. At August 31, Roddick owed his employees $1712 in wages that will be paid on September 1. 2. At the end of the month, he had not yet received the month's utility bill. Based on past experience, he estimated the bill would be appro 3. On August 1, Roddick borrowed $27,600 from a local bank on a 15-year mortgage The annual interest rate is 7% 4. Atelephone bill in the amount of $125 covering August charges is unpaid at August 31. Prepare the adjusting journal entries as of August 31. 2020. suggested by the information above. (Credit account titles are automatically inder indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts.) Credit Account Titles and Explanation Debit No. Date Salaries and Wages Expense 1712 1. Aug. 31 1712 Salaries and Wages Payable Aug. 31 Utilities Expenses 584 Payable 584 3. Aug. 31 Common Stock 164.07 Mortgage Payable 16407 Telephone and Internet Expense 4. Aug. 31 125 Accounts Payable 125 eTextbook and Media 2