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Current Attempt in Progress A review of the ledger of Oriole Company at December 31, 2025, produces these data pertaining to the preparation of annual

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Current Attempt in Progress A review of the ledger of Oriole Company at December 31, 2025, produces these data pertaining to the preparation of annual adjusting entries. 1. Prepaid insurance $20,564. The company hasseparate insurance policies on its buldings and its motor vehicles. Policy B4564 on the building was purchased on July 1, 2024, for $12,300. The policy has a term of 3 years. Polk. A2958 on the vehicles whs purchased on January 1.2025, for $10314, This policy has a term of 18 months. 2. Unearned Rent Revenue $570,460. The company began subleasing office space in its new building on November t. At Decenber 31 , the company had the following rental contracts that are paid in fullifor the entire term of the lease. 3. Notes Paystle $44,000 This balance consists of a note for 6 month at an annial interest rate of 7 , dated October 1. 4. Salaries and Wages Payable \$0, There are nine salaried employees, 5olaries are poid every friday for the current week. Six. emploves receive a salary of $615 each per week, and three employees earn $740 exch per week. Assume December 31 is a Wednesday. Employes do not wak weekends. Al employees worked the last 3 day of December. the occount titie and enter ofor the amounts. Credit occount titles are outomatcoly indented when the amount is entered. Do not indent manually, Prepare the adjusting entries at December 31,2025. (List dil debit entries before credit entries. If no entry is required select "No Entry" for the occount tities ond enter O for the omounts. Credit occount titles are cutomatically indented when the amount is entered. Do not indent manually

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