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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

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

Financial Accounting
Financial Accounting
15th Edition
ISBN:9781337272124
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter6: Accounting For Merchandising Businesses
Section: Chapter Questions
Problem 5PA: The following selected accounts and their current balances appear in the ledger of Clairemont Co....
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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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