Question
The following information is available for Oriole Company Accounts receivable $3,500 Cash $6,360 Accounts payable 3,700 Supplies 3,720 Interest payable 530 Unearned service revenue 820
The following information is available for Oriole Company
| Accounts receivable | $3,500 | Cash | $6,360 | |||
|---|---|---|---|---|---|---|
| Accounts payable | 3,700 | Supplies | 3,720 | |||
| Interest payable | 530 | Unearned service revenue | 820 | |||
| Salaries and wages expense | 5,400 | Service revenue | 43,700 | |||
| Notes payable | 31,000 | Salaries and wages payable | 780 | |||
| Common stock | 55,400 | Depreciation expense | 600 | |||
| Inventory | 2,970 | Equipment (net) | 109,200 |
What is the retained earnings?
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Auditing Oracle E Business Suite Common Issues
Authors: Jeffrey T. Hare
1st Edition
1329529766, 978-1329529762
