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Prepare the adjusting entries needed at July 21, 2022 please :) Jrrent Attempt in Progress Oriole Computer Services began operations in July 2022. At the

Prepare the adjusting entries needed at July 21, 2022 please :)

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Jrrent Attempt in Progress Oriole Computer Services began operations in July 2022. At the end of the month, the company prepares monthly nancial statements. It has the following information for the month. 1. At July 31, the company owed empioyees $1,400 in salaries that the company will pay in August. 2 On July 1, the company borrowed $22,200 from a local bank on a 10year 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 3 1, 2022. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

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