Current Attempt in Progress Sunland Computer Services began operations in July 2022. At the end of the month, the company prepares monthly financial statements. It has the following information for the month. 1 At July 31, the company owed employees $1,500 in salaries that the company will pay in August. 2 On July 1, the company borrowed $23,400 from a local bank on a 10-year note. The annual interest rate is 14%. Interest is paid annually. 3. Service revenue unrecorded in July totaled $2,400. Prepare the adjusting entries needed at July 31, 2022. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit 1 July 31 2 July 31 (To record accrued salaries) No. Date Account Titles and Explanation 1 July 31 2 July 31 (To record accrued salaries) (To record accrued interest) 3 July 31 (To record revenue for service performed) Debit Credit