The following information is available for Oriole Company Accounts receivable Accounts payable Interest payable Salaries and wages expense Notes payable Common stock Inventory $3,000 4,400 610 4,700 32,000 57,200 2,940 Cash Supplies Unearned service revenue Salaries and wages payable Depreciation expense Equipment (net) Oriole Company Balance Sheet $6,300 3,880 Assets 860 890 760 Using the information above, prepare a balance sheet as of December 31, 2022. (Hint: Solve for the missing re- after first determining total assets and total liabilities.) (List assets in order of liquidity.) 109,600
The following information is available for Oriole Company Accounts receivable Accounts payable Interest payable Salaries and wages expense Notes payable Common stock Inventory $3,000 4,400 610 4,700 32,000 57,200 2,940 Cash Supplies Unearned service revenue Salaries and wages payable Depreciation expense Equipment (net) Oriole Company Balance Sheet $6,300 3,880 Assets 860 890 760 Using the information above, prepare a balance sheet as of December 31, 2022. (Hint: Solve for the missing re- after first determining total assets and total liabilities.) (List assets in order of liquidity.) 109,600
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Please do not give solution in image format thanku
![Current Assets
Liabilities
Intangible Assets
Long-term Investments
Long-term Liabilities
Property, Plant and Equipment
Stockholders' Equity
Oriole Company
Balance Sheet
December 31, 2022
For the Month Ended December 31, 2022
For the Year Ended December 31, 2022
Total Assets
Total Current Assets
Total Intangible Assets
Total Liabilities
Total Liabilities and Stockholders' Equity
Total Long-term Investments
Total Long-term Liabilities
Total Property, Plant and Equipment
Total Stockholders' Equity
Liabilities and Stockholders' Equity
$
DOMINO
$](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F717ad7aa-6db6-4680-8ef2-b7afe96da5d8%2Ff63b7adc-7fde-4266-88b1-f4a94f2e8793%2F56nofrf_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Current Assets
Liabilities
Intangible Assets
Long-term Investments
Long-term Liabilities
Property, Plant and Equipment
Stockholders' Equity
Oriole Company
Balance Sheet
December 31, 2022
For the Month Ended December 31, 2022
For the Year Ended December 31, 2022
Total Assets
Total Current Assets
Total Intangible Assets
Total Liabilities
Total Liabilities and Stockholders' Equity
Total Long-term Investments
Total Long-term Liabilities
Total Property, Plant and Equipment
Total Stockholders' Equity
Liabilities and Stockholders' Equity
$
DOMINO
$
![The following information is available for Oriole Company
Accounts receivable
Accounts payable
Interest payable
Salaries and wages expense
Notes payable
Common stock
Inventory
$3,000 Cash
4,400
610
4,700
32,000
57,200
2,940
Supplies
Unearned service revenue
Salaries and wages payable
Depreciation expense
Equipment (net)
Oriole Company
Balance Sheet
$6,300
3,880
860
Assets
890
760
Using the information above, prepare a balance sheet as of December 31, 2022. (Hint: Solve for the missing reta
after first determining total assets and total liabilities.) (List assets in order of liquidity.)
109,600](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F717ad7aa-6db6-4680-8ef2-b7afe96da5d8%2Ff63b7adc-7fde-4266-88b1-f4a94f2e8793%2Fwd4pzt_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The following information is available for Oriole Company
Accounts receivable
Accounts payable
Interest payable
Salaries and wages expense
Notes payable
Common stock
Inventory
$3,000 Cash
4,400
610
4,700
32,000
57,200
2,940
Supplies
Unearned service revenue
Salaries and wages payable
Depreciation expense
Equipment (net)
Oriole Company
Balance Sheet
$6,300
3,880
860
Assets
890
760
Using the information above, prepare a balance sheet as of December 31, 2022. (Hint: Solve for the missing reta
after first determining total assets and total liabilities.) (List assets in order of liquidity.)
109,600
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