Question: The trial balances shown below are before and after adjustment for Oriole Company at the end of its fiscal year. ORIOLE COMPANY Trial Balance August

The trial balances shown below are before and after adjustment for Oriole Company at the end of its fiscal year.

ORIOLE COMPANY Trial Balance August 31, 2022

Before Adjustment

After Adjustment

Dr. Cr. Dr. Cr.

Cash

$10,520 $10,520

Accounts Receivable

8,050 8,580

Supplies

2,880 1,600

Prepaid Insurance

4,220 2,800

Equipment

16,000 16,000

Accumulated DepreciationEquipment

$3,600 $4,800

Accounts Payable

5,220 5,220

Salaries and Wages Payable

0 1,220

Unearned Rent Revenue

1,860 1,000

Common Stock

11,640 11,640

Retained Earnings

5,480 5,480

Dividends

2,630 2,630

Service Revenue

34,000 34,530

Rent Revenue

12,060 12,920

Salaries and Wages Expense

16,180 17,400

Supplies Expense

0 1,280

Rent Expense

13,380 13,380

Insurance Expense

0 1,420

Depreciation Expense

0

1,200

$73,860

$73,860

$76,810

$76,810

Prepare the adjusting entries that were made.

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