The following Information is available for Oriole Inc. Accounts receivable $3,500 Cash Accounts payable 3,700 Interest payable 530 Salaries and wages expense 5,400 Notes payable 31,000 Common stock 55,400 Inventory 2,970 Supplies Unearned service revenue Salaries and wages payable Depreciation expense Equipment (net) $6,360 3,720 820 780 600 109,200 Using the Information above, prepare a balance sheet as of December 31, 2025. (Hint: Solve for the missing retained earnings amount after first determining total assets and total llabilities) (Ust assets faceder of liquidity) Oriole Inc. Balance Sheet

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Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.