Oriole Co. was organized on April 1, 2022. The company prepares monthly financial statements. The adjusted...
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Oriole Co. was organized on April 1, 2022. The company prepares monthly financial statements. The adjusted trial balance amounts at April 30 are shown below. Debit Credit Cash $7600 Accumulated Depreciation-Equipment $730 Accounts Receivable 650 Notes Payable 4800 Prepaid Insurance 1900 Accounts Payable 1590 Supplies 1500 Salaries and Wages Payable 700 Equipment 14300 Interest Payable 610 Owner's Drawings 550 Owner's Capital 12500 Salaries and Wages Expense 9000 Service Revenue 17000 Insurance Expense 1400 Rent Revenue 650 Depreciation Expense 730 Supplies Expense 300 Utilities Expense 590 Interest Expense 60 $38580 $38580 What are total assets in the April 30, 2022 balance sheet? O $25220 O $25950 O $25280 O $26680 Oriole Co. was organized on April 1, 2022. The company prepares monthly financial statements. The adjusted trial balance amounts at April 30 are shown below. Debit Credit Cash $7600 Accumulated Depreciation-Equipment $730 Accounts Receivable 650 Notes Payable 4800 Prepaid Insurance 1900 Accounts Payable 1590 Supplies 1500 Salaries and Wages Payable 700 Equipment 14300 Interest Payable 610 Owner's Drawings 550 Owner's Capital 12500 Salaries and Wages Expense 9000 Service Revenue 17000 Insurance Expense 1400 Rent Revenue 650 Depreciation Expense 730 Supplies Expense 300 Utilities Expense 590 Interest Expense 60 $38580 $38580 What are total assets in the April 30, 2022 balance sheet? O $25220 O $25950 O $25280 O $26680
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Related Book For
Intermediate Accounting
ISBN: 978-0078025839
9th edition
Authors: J. David Spiceland, James Sepe , Mark Nelson , Wayne Thomas
Posted Date:
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