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or C....docx ! A ^ Question 6 of 9 View Policies Current Attempt in Progress Pegasus Computer Services began operations in July 2020. At the
or C....docx ! A ^ Question 6 of 9 View Policies Current Attempt in Progress Pegasus Computer Services began operations in July 2020. At the end of the month, the company prepares monthly financial statements. It has the following information for the month. 2 1. 2. 3. No. Account Titles and Explanation 1. 2. Prepare the adjusting entries needed at July 31, 2020. (Round answers to O decimal places, e.g. 125. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Ka W At July 31, the company owed employees 1,400 in salaries that the company will pay in August. On July 1, the company borrowed 22,200 from a local bank on a 10-year note. The annual interest rate is 12%. Service revenue unrecorded in July totaled 1,500. S (To record accrued salaries) RPS B. Indonesi....xlsx #3 C E D $ 4 C R G Search or type URL F do 5 % T G MacBook Pro 6 B Y & 7 Debit H U N * 00 8 J 1 -/1 Credit 11 M ( 9 K O
Current Attempt in Progress Pegasus Computer Services began operations in July 2020. At the end of the month, the company prepares monthly financial statements. It has the following information bor the month. 1. At July 31 , the company owed employees 61,400 in salaries that the company will pay in August. 2. On July 1, the compamy borrowed 22.200 from a local bank on a 10 -year note. The annual interest rate is 12%. 3. Service revenue unrecorded in Jully totaled 1,500. Prepsre the adjusting entries needed at July 31,2020. (Round answers to 0 decimal ploces, es. 125. Credit occount titles are outomatically indented when the amount is entered. Do not indent manuollysStep by Step Solution
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