Current Attempt in Progress The accounts in the ledger of Oriole Delivery Service contain the following normal balances on July 31, 2022. Accounts Receivable $8,500 Prepaid Insurance $2,500 Accounts Payable 8,400 Retained Earnings 5,500 Cash ? Service Revenue 11,500 Common Stock 42,500 Salaries and Wages Expense ? Dividends 1,400 Salaries and Wages Payable 1,500 Equipment 50,500 Supplies 3,500 Gasoline Expense 850 Unearned Service Revenue 3,000 Insurance Expense 650 Maintenance and Repairs Expense 1,600 Notes Payable 19,500 Prepare a trial balance and fill in the missing amounts for Cash and Salaries and Wages Expense. Assume net income for the period is $3,500. eTextbook and Media List of Accounts Save for Later ORIOLE DELIVERY SERVICE Trial Balance $ Debit $ Totals $ $ Credit Attempts: 0 of 3 used Submit Answer

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter4: The Adjustment Process
Section: Chapter Questions
Problem 11PA: Prepare journal entries to record the following transactions. Create a T-account for Prepaid...
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Current Attempt in Progress
The accounts in the ledger of Oriole Delivery Service contain the following normal balances on July 31, 2022.
Accounts Receivable
$8,500
Prepaid Insurance
$2,500
Accounts Payable
8,400
Retained Earnings
5,500
Cash
?
Service Revenue
11,500
Common Stock
42,500
Salaries and Wages Expense
?
Dividends
1,400
Salaries and Wages Payable
1,500
Equipment
50,500
Supplies
3,500
Gasoline Expense
850
Unearned Service Revenue
3,000
Insurance Expense
650
Maintenance and Repairs Expense
1,600
Notes Payable
19,500
Prepare a trial balance and fill in the missing amounts for Cash and Salaries and Wages Expense. Assume net income for the period is
$3,500.
eTextbook and Media
List of Accounts
Save for Later
ORIOLE DELIVERY SERVICE
Trial Balance
$
Debit
$
Totals
$
$
Credit
Attempts: 0 of 3 used
Submit Answer
Transcribed Image Text:Current Attempt in Progress The accounts in the ledger of Oriole Delivery Service contain the following normal balances on July 31, 2022. Accounts Receivable $8,500 Prepaid Insurance $2,500 Accounts Payable 8,400 Retained Earnings 5,500 Cash ? Service Revenue 11,500 Common Stock 42,500 Salaries and Wages Expense ? Dividends 1,400 Salaries and Wages Payable 1,500 Equipment 50,500 Supplies 3,500 Gasoline Expense 850 Unearned Service Revenue 3,000 Insurance Expense 650 Maintenance and Repairs Expense 1,600 Notes Payable 19,500 Prepare a trial balance and fill in the missing amounts for Cash and Salaries and Wages Expense. Assume net income for the period is $3,500. eTextbook and Media List of Accounts Save for Later ORIOLE DELIVERY SERVICE Trial Balance $ Debit $ Totals $ $ Credit Attempts: 0 of 3 used Submit Answer
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