ORIOLE COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Adjusted Trial Balance Income Statement Balance Account Dr. Cr. Dr. Cr. Dr. Titles Cash 11,100 Accounts 7,800 Receivable Prepaid Rent 2,100 Equipment 23,000 Accumulated Depreciation -Equipment 5,300 Notes 5,800 Payable Accounts 5,100 Payable Owner's 28,650 Capital Owner's 3,500 Drawings Service 15,200 Revenue Salaries and Wages Expense 11,000 Rent 900 Expense Depreciation Expense 650 Interest 50 Expense Interest 50 Payable Totals 60,100 60,100 Net Income Totals

ORIOLE COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Adjusted Trial Balance Income Statement Balance Account Dr. Cr. Dr. Cr. Dr. Titles Cash 11,100 Accounts 7,800 Receivable Prepaid Rent 2,100 Equipment 23,000 Accumulated Depreciation -Equipment 5,300 Notes 5,800 Payable Accounts 5,100 Payable Owner's 28,650 Capital Owner's 3,500 Drawings Service 15,200 Revenue Salaries and Wages Expense 11,000 Rent 900 Expense Depreciation Expense 650 Interest 50 Expense Interest 50 Payable Totals 60,100 60,100 Net Income Totals

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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