The following accounts are taken from the ledger of Oriole Company at December 31, 2017. Notes...

The following accounts are taken from the ledger of Oriole Company at December 31, 2017.

Notes Payable	$21,200	Cash	$6,400
Common Stock	26,600	Supplies	5,300
Equipment	80,600	Rent Expense	2,100
Dividends	8,500	Salaries and Wages Payable	3,200
Salaries and Wages Expense	40,300	Accounts Payable	9,500
Service Revenue	91,200	Accounts Receivable	8,500

Prepare a trial balance.

ORIOLE COMPANY Trial Balance choose the accounting period For the Month Ended December 31, 2017December 31, 2017For the Year Ended December 31, 2017
	Debit	Credit
enter an account title	$enter a debit balance	$enter a credit balance
enter an account title	enter a debit balance	enter a credit balance
enter an account title	enter a debit balance	enter a credit balance
enter an account title	enter a debit balance	enter a credit balance
enter an account title	enter a debit balance	enter a credit balance
enter an account title	enter a debit balance	enter a credit balance
enter an account title	enter a debit balance	enter a credit balance
enter an account title	enter a debit balance	enter a credit balance
enter an account title	enter a debit balance	enter a credit balance
enter an account title	enter a debit balance	enter a credit balance
enter an account title	enter a debit balance	enter a credit balance
enter an account title	enter a debit balance	enter a credit balance
	$enter a total for the debit column	$enter a total for the credit column

Solutions

Expert Solution

Oriole Company Trial Balance For the Year Ended December 31, 2017

	Debit	Credit
Cash	$6,400
Accounts Receivable	$8,500
Supplies	$5,300
Equipment	$80,600
Notes Payable		$21,200
Accounts Payable		$9,500
Common Stock		$26,600
Dividends	$8,500
Service Revenue		$91,200
Salaries & Wages($40,300- $3,200)	$37,100
Rent Expenses	$2,100
Total	$148,500	$148,500

ekkarill92 answered 1 year ago

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