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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

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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 $88,000 in cash. Borrowed $39.600 cash from the bank, due 2024. Purchased delivery vehicles for $52,800 cash. Received $22,880 from customers for services provided. Purchased supplies for $3,800 on account. Paid rent of $4,880. Performed services on account for $8.800. Paid salaries of $24.640. Declared and paid a dividend of 59.680 to shareholders. Paid income taxes of $280 for the month. Debit Credit Sr No Account Titles and Explanation 1 2 3 4 5 6 7 8 10

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