Javier 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 $1,300 in salaries that the company will pay in August. 2. On July 1, the company borrowed $20,000 from a local bank on a 10 -year note. The annual interest rate is 12%. Interest is paid annually. 3. Service revenue unrecorded in July totaled $2,400. Prepare the adjusting entries needed at July 31; 2022. (Credit account titles are automatically indented when the amount is entered, Do not indent manually.)