For the year ended December 31, 2021, Oriole Ltd had the following transactions related to the purchase of property Assume all transactions are for cash unless otherwise stated Feb 7 Purchased real estate for $1 2 million, paying $317,100 cash and signing a mortgage payable for the balance The site had an old building on it and the fair values of the land and building were $1 0 million and $99,000, respectively The old building will be demolished and a new apartment building will be constructed on the site 9 Paid legal fees of $21,220 on the real estate purchase of February 7 15 Paid $59,160 to demolish the old building and make the land ready for the construction of the apartment building 16 Received $15,550 from the sale of material from the demolished building 28 Paid $4,000 to grade the land in preparation for the construction of the apartment building Mar 2 Paid architect fees of $77,040 to design the apartment building July 2 The full cost for construction of the apartment building was $2 8 million Paid $713,970 cash and signed a bank loan payable for the balance 3 Purchased a one year insurance policy on the finished building for $10,170 Aug 29 Paid $50,550 for the paving of sidewalks and a parking lot for the building (a) Record the above transactions (List all debit entries before credit entries 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 0 for the amounts Record journal entries in the order presented in the problem ) Date Account Titles and Explanation Debit Credit Feb 7Feb 9Feb 15Feb 16Feb 28Mar 2July 2July 3Aug 29 Feb 7Feb 9Feb 15Feb 16Feb 28Mar 2July 2July 3Aug 29 Feb 7Feb 9Feb 15Feb 16Feb 28Mar 2July 2July 3Aug 29 Feb 7Feb 9Feb 15Feb 16Feb 28Mar 2July 2July 3Aug 29 Feb 7Feb 9Feb 15Feb 16Feb 28Mar 2July 2July 3Aug 29 Feb 7Feb 9Feb 15Feb 16Feb 28Mar 2July 2July 3Aug 29 Feb 7Feb 9Feb 15Feb 16Feb 28Mar 2July 2July 3Aug 29 Feb 7Feb 9Feb 15Feb 16Feb 28Mar 2July 2July 3Aug 29 Feb 7Feb 9Feb 15Feb 16Feb 28Mar 2July 2July 3Aug 29

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For the year ended December 31, 2021, Oriole Ltd. had the following transactions related to the purchase of property. Assume all transactions are for cash

For the year ended December 31, 2021, Oriole Ltd. had the following transactions related to the purchase of property. Assume all transactions are for cash unless otherwise stated.

Feb. 7		Purchased real estate for $1.2 million, paying $317,100 cash and signing a mortgage payable for the balance. The site had an old building on it and the fair values of the land and building were $1.0 million and $99,000, respectively. The old building will be demolished and a new apartment building will be constructed on the site.
9		Paid legal fees of $21,220 on the real estate purchase of February 7.
15		Paid $59,160 to demolish the old building and make the land ready for the construction of the apartment building.
16		Received $15,550 from the sale of material from the demolished building.
28		Paid $4,000 to grade the land in preparation for the construction of the apartment building.
Mar. 2		Paid architect fees of $77,040 to design the apartment building.
July 2		The full cost for construction of the apartment building was $2.8 million. Paid $713,970 cash and signed a bank loan payable for the balance.
3		Purchased a one-year insurance policy on the finished building for $10,170.
Aug. 29		Paid $50,550 for the paving of sidewalks and a parking lot for the building.

(a)

Record the above transactions. (List all debit entries before credit entries. 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 0 for the amounts. Record journal entries in the order presented in the problem.)

Date	Account Titles and Explanation	Debit	Credit
Feb. 7Feb. 9Feb. 15Feb. 16Feb. 28Mar. 2July 2July 3Aug. 29


Feb. 7Feb. 9Feb. 15Feb. 16Feb. 28Mar. 2July 2July 3Aug. 29

Feb. 7Feb. 9Feb. 15Feb. 16Feb. 28Mar. 2July 2July 3Aug. 29

Feb. 7Feb. 9Feb. 15Feb. 16Feb. 28Mar. 2July 2July 3Aug. 29

Feb. 7Feb. 9Feb. 15Feb. 16Feb. 28Mar. 2July 2July 3Aug. 29

Feb. 7Feb. 9Feb. 15Feb. 16Feb. 28Mar. 2July 2July 3Aug. 29

Feb. 7Feb. 9Feb. 15Feb. 16Feb. 28Mar. 2July 2July 3Aug. 29


Feb. 7Feb. 9Feb. 15Feb. 16Feb. 28Mar. 2July 2July 3Aug. 29

Feb. 7Feb. 9Feb. 15Feb. 16Feb. 28Mar. 2July 2July 3Aug. 29