Q:Prepare the following adjusting entries at August 31 for Walgreens.(a) Interest on notes payable of $300 is accrued.(b) Services earned but unbilled total $1,400.(c) Salaries and wages 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 and Wages Expense, Salaries and Wages Payable, Allowance for Doubtful Accounts, andBad Debt Expense