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Prepare the following adjusting entries at August 31 for Walgreens. (a) Interest on notes payable of $270 is accrued. (b) Services performed but unbilied total
Prepare the following adjusting entries at August 31 for Walgreens. (a) Interest on notes payable of $270 is accrued. (b) Services performed but unbilied total $1,441 (c) Salaries and wages earned by employees of $768 have not been recorded. (d) Eaddebt expensefor year is $986. Use the following account tatles: Service Revenve, Accounts Receivable, Interest Expense, Interest Payable, Salaries and Wages Expense, Salaries and Wages Payable, Allowance tor Doubtful Accounts, and Bad Debt Expense. (Credit account titles are outomatically indented when amount is entered. Do not indent manaallx. If no entry is required, select "No entry" for the account titles and enter of for the amounts.)
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