Current Attempt in Progress On July 1, 2022, Oriole Co.pays $10,560 to Skysong, Inc. for a 2-year insurance contract. Both companies have fiscal years ending December 31. For Oriole Co., enter the July 1 transaction and the December 31 adjustment in the tabular summary that follows. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Liabilities Cash Prepd. Ins. Com. Stock Jul. 1 10560 Dec. 31 Adj. Bal. e Textbook and Media On July 1, 2022, Oriole Co. pays $10,560 to Skysong, Inc. for a 2-year insurance December 31. For Oriole Co., enter the July 1 transaction and the December 31 adjustment in the tabular summary that follows. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Stockholders' Equity Exp. (Ins.) Div. Com. Stock Rev. e Textbook and Media