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Elizabeth Brown is the bookkeeper for Oriole Company. Elizabeth has been trying to determine the correct balance sheet for Oriole Company, shown as follows. ORIOLE

Elizabeth Brown is the bookkeeper for Oriole Company. Elizabeth has been trying to determine the correct balance sheet for Oriole Company, shown as follows.

ORIOLE COMPANY Balance Sheet December 31, 2022

Assets

Liabilities

Cash

$ 15,000

Accounts payable

$ 23,157

Supplies

8,000

Accounts receivable

( 7,168 )

Equipment

46,000

Owners capital

66,011

Owners drawings

13,000

Total liabilities and owners equity

$ 82,000

Total assets

$ 82,000

Prepare a correct balance sheet. (List Assets in order of liquidity.)

ORIOLE COMPANY Balance Sheet choose the accounting period December 31, 2022For the Year Ended December 31, 2022For the Month Ended December 31, 2022

Assets

enter a balance sheet item

$ enter a dollar amount

enter a balance sheet item

enter a dollar amount

enter a balance sheet item

enter a dollar amount

enter a balance sheet item

enter a dollar amount

select a closing section name for this part of the balance sheet Current AssetsLiabilitiesExpensesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant and EquipmentRevenuesOwners EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Owners EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal RevenuesTotal Owners Equity

$ enter a total amount for this part of the balance sheet

Liabilities and Owners Equity

select an opening name for section one Current AssetsLiabilitiesExpensesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant and EquipmentRevenuesOwners EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Owners EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal RevenuesTotal Owners Equity

enter a balance sheet item

$ enter a dollar amount

select an opening name for section two Current AssetsLiabilitiesExpensesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant and EquipmentRevenuesOwners EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Owners EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal RevenuesTotal Owners Equity

enter a balance sheet item

enter a dollar amount

select a closing name for this part of the balance sheet Current AssetsLiabilitiesExpensesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant and EquipmentRevenuesOwners EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Owners EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal RevenuesTotal Owners Equity

$ enter a total amount for this part of the balance sheet

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