The adjusted trial balance for the year ended December 31 for Oriole Company is presented below: Cash Accounts receivable Prepaid rent Supplies Equipment Accumulated depreciation-equipment Accounts payable Notes payable Interest payable Salaries payable Unearned revenue D. Oriole, capital D. Oriole, drawings Service Revenue Salaries expense Utilities expense ORIOLE COMPANY Adjusted Trial Balance December 31 Rent expense Supplies expense Depreciation expense Interest expense Debit $6210 7800 4000 1760 46300 6540 4550 4490 2640 1420 1130 410 Credit $4630 6460 27400 410 870 8800 19380 19300 $87250 $87250

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter4: Accounting For Retail Operations
Section: Chapter Questions
Problem 4.4MBA
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How much is owners' capital at December 31?
• $23790
$17500
$19960
$30250
Transcribed Image Text:How much is owners' capital at December 31? • $23790 $17500 $19960 $30250
The adjusted trial balance for the year ended December 31 for Oriole Company is presented below:
Cash
Accounts receivable
Prepaid rent
Supplies
Equipment
Accumulated depreciation-equipment
Accounts payable
Notes payable
Interest payable
Salaries payable
Unearned revenue
D. Oriole, capital
D. Oriole, drawings
Service Revenue
ORIOLE COMPANY
Adjusted Trial Balance
December 31
Salaries expense
Utilities expense
Rent expense
Supplies expense
Depreciation expense
Interest expense
Debit
$6210
7800
4000
1760
46300
6540
4550
4490
2640
1420
1130
410
Credit
$4630
6460
27400
410
870
8800
19380
19300
$87250 $87250
Transcribed Image Text:The adjusted trial balance for the year ended December 31 for Oriole Company is presented below: Cash Accounts receivable Prepaid rent Supplies Equipment Accumulated depreciation-equipment Accounts payable Notes payable Interest payable Salaries payable Unearned revenue D. Oriole, capital D. Oriole, drawings Service Revenue ORIOLE COMPANY Adjusted Trial Balance December 31 Salaries expense Utilities expense Rent expense Supplies expense Depreciation expense Interest expense Debit $6210 7800 4000 1760 46300 6540 4550 4490 2640 1420 1130 410 Credit $4630 6460 27400 410 870 8800 19380 19300 $87250 $87250
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