Sarah Allen is the new owner of Sarah's Computer Services. At the end of July 2022, her first month of ownership, Sarah is trying to prepare monthly financial statements. She has the following information for the month. 1. At July 31, Sarah owed employees $3,360 in salaries that the company will pay in August. 2. On July 1. Sarah borrowed $18,000 from a local bank on a 10-year note. The annual interest rate is 10%. 3. Service revenue unrecorded in July totaled $1,600. Prepare the adjusting entries needed at July 31, 2022. (If no entry is required, select "No Entry" for the account tities and enter of for the amounts. Credit account titles are outomatically indented when the amount is entered. Do not indent manually.)