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Oriole Comtended its fiscal yar on July 31, 2020. The company's adjusted trial balance as of the end of its fiscal year is as follows
Oriole Comtended its fiscal yar on July 31, 2020. The company's adjusted trial balance as of the end of its fiscal year is as follows No. Credit 101 112 Debit $8,200 9,400 16,100 157 158 201 Oriole Company Adjusted Trial Balance July 31, 2020 Account Titles Cash Accounts Receivable Equipment Accumulated Depreciation-Equip Accounts Payable Unearned Rent Revenue Owner's Capital Owner's Drawings Service Revenue Rent Revenue Depreciation Expense Salaries and Wages Expense Utilities Expense $7.400 4,500 1,500 44,600 208 301 306 400 15,800 64,700 6,800 429 711 726 732 9,300 55,800 14,900 $129.500 $129.500 Date Account Titles and Explanation Debit Credit July 31 I (To close revenue accounts) July 31 (To close expense accounts) July 31 (To close net income / Closs))
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