Oriole Company sells one product. Presented below is information for January for Oriole Company.

Oriole uses the FIFO cost flow assumption. All purchases and sales are on account.$($If no entry is required, select $"$No entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically Indented when amount is entered. Do not indent manually.$)$

Date

Account Titles and Explanation

No Entry

No Entry

Sales Revenue

Accounts Receivable

Purchases

Accounts Payable

Sales Revenue

Accounts Receivable

Purchases

Debit

Credit

$0$

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