Oriole Corporation began operations on January 2. Its year end is December 31, and it adjusts its accounts annually. Selected transactions for the current year follow:

1. On January 2, purchased supplies for $4,130 cash. A physical count at December 31 revealed that $670 of supplies were still on hand.

2. Purchased a vehicle for $41,800 on April 1, paying $5,300 cash and signing a $36,500 bank loan for the balance. The vehicle is estimated to have a useful life of 5 years and the company uses straight-line depreciation. The bank loan has an interestof 3%.

3. Purchased a $3,240, one-year insurance policy for cash on August 1. The policy came into effect on that date.

4. Received a $1,450 advance cash payment from a client on November 9 for services to be performed in the future. As at December 31, half of these services had been completed.

5. On December 1, the company rented additional office space for a six-month period starting on December 1 for $1,180 each month. It paid rent for the months of December and January in advance on this date.

A) For each of the above situations, prepare the journal entry for the original transaction. (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.) Sr no. Date Account Titles and Explanation Debit Credit

1. Jan. 2 Supplies 4130

Cash 4130

2. Apr. 1 Vehicles 41800

Cash 5300

Bank Loan Payable 36500

3. Aug. 1 Prepaid Insurance 3240

Cash 3240

4. Nov. 9 Cash 1450

Unearned Revenue 1450

5. Dec. 1 Prepaid Rent 2360

Cash 2360

(b) For each of the above situations, prepare any adjusting entry required at December 31. (Record journal entries in the order presented in the problem. 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. Round all amounts to the nearest dollar.) no. Date Account Titles and Explanation Debit Credit

1. Dec. 31 Supplies Expense

Supplies

2. Dec. 31 Depreciation Expense

Accumulated Depreciation - Vehicles

(Record entry for depreciation expenses.)

2. Dec. 31 Interest Expense

Interest Payable

(Cash paid for interest expense.)

3. Dec. 31 Insurance Expense

Prepaid Insurance

4. Dec. 31 Deferred Revenue

Service Revenue

5. Dec. 31 Rent Expense

Prepaid Rent

(Need help with formulas to use to get the correct numbers for Debits And Credits)