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Adjusted Trial Balance for Oriole Company Assignment

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February 19th, 2020

The adjusted trial balance for Oriole Company is given below: ORIOLE COMPANY Trial Balance August 31,2020 After Before Adjustment Adjustment Cr. Cr. Dr. Dr. Cash $9,592 $9,592 8,272 Accounts Receivable 7,744 2,200 Supplies 440 2,200 Prepaid Insurance 3,520 14,080 Equipment 14,080 Accumulated Depreciation-Equipment $3,168 $4,224 Accounts Payable Salaries and Wages Payable 5,104 5,104 968 Unearned Rent Revenue 1,584 704 Common Shares 8,800 8,800 Retained Earnings 4,840 4,840

Dividends 2,464 2,464 Service Revenue 29,920 30,448 Rent Revenue 10,648 11,528 Salaries and Wages Expense 14,960 15,928 Supplies Expense 1,760 0 Rent Expense 9,504 9,504 1,320 Insurance Expense 056 Depreciation Expense $64,064 $64,064 $66,616 $66,616 Prepare the income statement for the year ended August 31 ORIOLE COMPANY Income Statement tA ORIOLE COMPANY Retained Earnings Statement $ ORIOLE COMPANY Balance Sheet Assets LA- Liabilities and Shareholders' Equity LA-.

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