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The following information relates to Oriole Co. for the year 2022. Owner's capital, January 1, 2022 $53,827 Advertising expense $2,019 Owner's drawings during 2022
The following information relates to Oriole Co. for the year 2022. Owner's capital, January 1, 2022 $53,827 Advertising expense $2,019 Owner's drawings during 2022 6,728 Rent expense 11,663 Service revenue 71,321 Utilities expense 3,476 Salaries and wages expense 33,081 4 After analyzing the data, prepare an income statement for the year ending December 31, 2022. ORIOLE CO. Income Statement After analyzing the data, prepare an owner's equity statement for the year ending December 31, 2022. (List items that increase owner's equity first.) ORIOLE CO. Owner's Equity Statement
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