Transactions for Oriole Company for the month of May are presented below. Prepare journal entries for each of these transactions no entry is required, select "No entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented wh amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. List all debit entries before credit entries.) May 1 3 13 21 Date May 1 May 3 May 13 B.D. Oriole invests $4,010 cash in exchange for common stock in Oriole Company, a small welding corporation. Buys equipment on account for $1,189. Pays $419 to landlord for May rent. Bills Noble Corp. $540 for welding work done. May 21 V Account Titles and Explanation Cash Common Stock Equipment Accounts Payable Rent Expense Prepaid Rent account recievble. Debit 4010 1189 210 Credit 4010 1189

Transactions for Oriole Company for the month of May are presented below. Prepare journal entries for each of these transactions no entry is required, select "No entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented wh amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. List all debit entries before credit entries.) May 1 3 13 21 Date May 1 May 3 May 13 B.D. Oriole invests $4,010 cash in exchange for common stock in Oriole Company, a small welding corporation. Buys equipment on account for $1,189. Pays $419 to landlord for May rent. Bills Noble Corp. $540 for welding work done. May 21 V Account Titles and Explanation Cash Common Stock Equipment Accounts Payable Rent Expense Prepaid Rent account recievble. Debit 4010 1189 210 Credit 4010 1189

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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How do I record the current transaction?
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