The adjusted trial balance columns of the worksheet for Oriole Company are as follows.CashORIOLE COMPANYWorksheet (partial)For the Month Ended April 30, 2022Account TitlesAccounts ReceivablePrepaid RentEquipmentAccumulated Depreciation-Equip.Notes PayableAccounts PayableOwner's CapitalOwner's DrawingsService RevenueSalaries and Wages ExpenseRent ExpenseDepreciation ExpenseInterest ExpenseTotalsInterest PayableAdjusted Trial BalanceCr.Dr.11,8007,7002,10023,0003,60010,6007006707060,2405,3005,6004,70029,37015,2007060,240 (a)Journalize the closing entries at April 30. (Credit account titles are automatically indented when amount is entered. Do not indentmanually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)No. Date Account Titles and ExplanationApr.301.2.3.4.Apr.30Apr.30Apr.30(To close revenue account)(To close expense accounts)(To close net income / (loss))(To close drawings)DebitCredit]]]]]]]]

Name: The adjusted trial balance columns of the worksheet for Oriole Compan
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Description: The adjusted trial balance columns of the worksheet for Oriole Company are as follows.CashORIOLE COMPANYWorksheet (partial)For the Month Ended April 30, 2022Account TitlesAccounts ReceivablePrepaid RentEquipmentAccumulated Depreciation-Equip.Notes P

Closing entries are those which are recorded at the end of the year in the books of accounts so as…

Business

Accounting

The adjusted trial balance columns of the worksheet for Oriole Company are as follows. Cash ORIOLE COMPANY Worksheet (partial) For the Month Ended April 30, 2022 Account Titles Accounts Receivable Prepaid Rent Equipment Accumulated Depreciation-Equip. Notes Payable Accounts Payable Owner's Capital Owner's Drawings Service Revenue Salaries and Wages Expense Rent Expense Depreciation Expense Interest Expense Interest Payable Totals Adjusted Trial Balance Dr. 11,800 7,700 2,100 23,000 3,600 10,600 700 670 70 60,240 Cr. 5,300 5,600 4,700 29,370 15,200 70 60,240

The adjusted trial balance columns of the worksheet for Oriole Company are as follows. Cash ORIOLE COMPANY Worksheet (partial) For the Month Ended April 30, 2022 Account Titles Accounts Receivable Prepaid Rent Equipment Accumulated Depreciation-Equip. Notes Payable Accounts Payable Owner's Capital Owner's Drawings Service Revenue Salaries and Wages Expense Rent Expense Depreciation Expense Interest Expense Interest Payable Totals Adjusted Trial Balance Dr. 11,800 7,700 2,100 23,000 3,600 10,600 700 670 70 60,240 Cr. 5,300 5,600 4,700 29,370 15,200 70 60,240

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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