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Prepare the classified balance sheet at August 31. Information: Liabilities and Stockholders' Equity 5 s Liabelities eTextbook and Media ORIOLE COMPANY Balance Sheet Assets Cash
Prepare the classified balance sheet at August 31. Information: Liabilities and Stockholders' Equity 5 s Liabelities eTextbook and Media ORIOLE COMPANY Balance Sheet Assets Cash Accounts Receivable Sipplies Prepaid Insurance Total Assets Liabilities and Stockholders' Equity The unadjusted and adjusted trial balance for Oriole Company are as follows. Revenues Service Revenue $38,752 Rent Revenue 553424 Totat Revenues Expenses Salaries and Wages Expense 20.272 Supplies Expense 2240 Rent Expense 12096 Inwrance Expenve 1.680 Depreciation Expense 1,344 Total Cxpenies 37.632 Net income /(toosis) 5 15.792 Prepare the retained earnings statements for the year ended August 31. (List items that increase retained earnings first.) \begin{tabular}{|c|c|c|c|c|} \hline & \multicolumn{2}{|c|}{\begin{tabular}{c} Before \\ Adjustment \end{tabular}} & \multicolumn{2}{|c|}{\begin{tabular}{c} After \\ Adjustment \end{tabular}} \\ \hline & Dr. & Cr. & Dr. & Cr. \\ \hline Cash & $12,208 & & $12,208 & \\ \hline Accounts Receivable & 9.856 & & 10,528 & \\ \hline Supplies & 2.800 & & 560 & \\ \hline Prepaid Insurance & 4,480 & & 2.800 & \\ \hline Equipment & 17.920 & & 17,920 & \\ \hline Accumulated Depreciation-Equipment & & $4.032 & & $5,376 \\ \hline Accounts Payable & & 6,496 & & 6,496 \\ \hline Salaries and Wages Payable & & 0 & & 1,232 \\ \hline Unearned Rent Revenue & & 2.016 & & 896 \\ \hline Common Stock & & 11.200 & & 11,200 \\ \hline Retained Earnings & & 6,160 & & 6,160 \\ \hline Dividends: & 3,136 & & 3,136 & \\ \hline Service Revenue & & 38,080 & & 38,752 \\ \hline Rent Revenue & & 13.552 & & 14,672 \\ \hline \end{tabular} Prepare the income statement for the year ended August 31
Prepare the classified balance sheet at August 31.
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