pharoah computer service began operations in july 2020,at theend of the month the company peepares monthly financial statment it has the following i formation for the month. at july 31 the companyowed employees 1700 in salaries thatbthe company willnpay in august. july 1 the company borrowed 23400 from a local bank on a 10 years mote the annual interest rate is 14 0/0. service revenue unrecorded in july totaled 2400?