Question 45 of 45 - / 15 Question 42 110 Oriole Co provides music lessons to many clients across the city. The following information is available to be used in recording annual adjusting entries at the company's September 30,2021. year end: -115 Question 43 Acco Mutiar 1. Question 44 Account Multipart -110 Na sred 2. On October 1, 2020, the company had a balance of $2,040 in its supplies account Additional supplies were purchased during the year totalling $1,870. The supplies inventory on September 30, 2021, amounts to $930. On November 1, 2020, Oriole purchased a one-year insurance policy for $3.480. On January 2.2021, a client paid $1,920 for six months of lessons starting April 2, 2021. On February 1, 2021. Oriole purchased a grand piano (to be used in music lessons for $25,200. The piano's estimated useful life is 12 years. 3. Viewing Question 45 Accounting Dropdown - 15 Not water 4. 5 On May 1 2021 Oriod 25 280 from the bank and cioned a 10-month 8% Drugo 6. Question 45 of 45 -115 5. On May 1, 2021, Oriole borrowed $25,380 from the bank and signed a 10 month 8% question 42 note payable. Interest and principal are to be paid at maturity. . On August 1, 2021. Oriole signed a contract with a neighbourhood school to provide Question 43 weekly piano lessons to some of its students for a fee of $2.120 per month. The contract Accounting called for lessons to start on September 1, 2021. The school has not yet been sent an invoice for the month of September. Question 44 7 On August 15, 2021, the company paid $10,710 to Pinnacle Holdings to rent additional Account studio space for nine months starting September 1. Oriole recorded the full payment as Multipart Prepaid Rent Viewing 8. Oriole's instructors have earned salaries of $2,940 for the last week of September 2021. Question 4 This amount will be paid to the instructors on the next payday: October 6, 2021. Accounting Dropdown 9. Music lessons were provided to a local church group for $1.620 on September 30,2021. rintanto newcowed that notinn Question 45 of 45 -115 Question AZ Droo 9. Music lessons were provided to a local church group for $1.620 on September 30, 2021 Oriote has not yet invoiced the group or recorded the transaction. In early October 2021, Oriole received an invoice for $830 from the utility company for September utilities. The amount has not yet been recorded or paid. Question 43 cering 10. Question 44 counting Multipart Prepare the adjusting journal entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to the nearest whole dollar, eg. 5,275. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Debit Viewing Question 45 Accounting Dropdown No. Date Account Titles and Explanation Sept. 1 1. Question 45 of 45 2 Sept. 30 Questions 3. Sept. 30 Question 44 Viewing Question Accounting Dropdow Sept. 30 4
