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Current Attempt in Progress During 2022, its first year of operations as a delivery service, Oriole Corp.entered into the following transactions. The fiscal year end

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Current Attempt in Progress During 2022, its first year of operations as a delivery service, Oriole Corp.entered into the following transactions. The fiscal year end for Oriole is December 31. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Issued common shares to investors in exchange for $110,000 in cash. Borrowed $49,500 cash from the bank, due 2024. Purchased delivery vehicles for $66,000 cash. Received $28,600 from customers for services provided. Purchased supplies for $4,900 on account. Paid rent of $5,980. Performed services on account for $11,000. Paid salaries of $30,800. Declared and paid a dividend of $12,100 to shareholders. Paid income taxes of $390 for the month. Prepare journal entries to record the above transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter o for the amounts. List all debit entries before credit entries.) Sr No Account Titles and Explanation Debit Credit 1 3 5 6 7 I 8 9 10

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