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Transactions for Oriole SE for the month of May are presented below. Prepare journal entries for each of these transactions. (If no entry is required,

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Transactions for Oriole SE for the month of May are presented below. Prepare journal entries for each of these transactions. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) May 1 B.D. Oriole invests 4,010 cash in exchange for ordinary shares to start his welding business. 3 Buys equipment on account for 1,189. 13 Pays 419 to landlord for May rent. 21 Bills Noble Corp. 540 for welding work done. (Use Service Revenue account.) Vaughn Repair Shop had the following transactions during the first month of business as a proprietorship. Journalize the transactions. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Aug. 2 Invested 13,080 cash and 2,700 of equipment in the business. 7 Purchased supplies on account for 480. (Debit asset account.) 12 Performed services for clients, for which 1,365 was collected in cash and 731 was billed to the clients. 15 Paid August rent 548. 19 Counted supplies and determined that only 297 of the supplies purchased on August 7 are still on hand. On July 1, 2022, Pina NV pays 16,440 to Grouper Insurance for a 3-year insurance policy. Both companies have fiscal years ending December 31. For Pina NV journalize the entry on July 1 and the adjusting entry on December 31 . (Credit account titles are automatically indented when 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. Record journal entries in the order presented in the problem.)

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