1. Prepare the following adjusting entries at December 31 for DeGads Co.
(a) Interest on notes payable of $400 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.