Question: Prepare the following adjusting entries at August 31 for Nokia (FIN). (a) Interest on notes payable of 300 is accrued. (b) Fees earned but unbilled

Prepare the following adjusting entries at August 31 for Nokia (FIN).
(a) Interest on notes payable of €300 is accrued.
(b) Fees earned but unbilled total €1,400.
(c) Salaries earned by employees of €700 have not been recorded.
(d) Bad debt expense for year is €900.
Use the following account titles: Service Revenue, Accounts Receivable, Interest Expense, Interest payable, Salaries Expense, Salaries payable, Allowance for Doubtful Accounts, and Bad Debt Expense.

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