Oriole was founded in January 2013. Presented below are adjusted and unadjusted trial balances as of December 31, 2020. ORIOLE TRIAL BALANCE DECEMBER 31, 2020 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Accounts Payable Interest Payable Notes Payable Unearned Service Revenue Unadjusted Adjusted Dr. Cr. Dr. _ Cr $20,000 $20,000 22.000 26,500 9,000 2,800 2,500 1.850 71.000 71.000 $31.000 $36.000 7.000 7,000 330 11,000 11,000 7,500 6.200 1,600 13.000 13,000 5.000 5,000 71.800 77,600 16,600 18,200 650 530 5,000 6,200 5,000 5,000 $146,300 $146,300 $157,730 $157,730 Salaries and Wages Payable Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Insurance Expense Interest Expense Depreciation Expense Supplies Expense Rent Expense Journalize the annual adjusting entries that were made. (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 o for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31 (To record accrued service revenue) Dec 31 (To record earned service revenue) Dec. 31 (To record supplies used) Dec 31 (To record depreciation on equipment) Dec 31 (To record interest accrued on the note) Dec 31 (To record expired insurance) Dec 31 (To record accrued wages) Prepare an income statement for the year ending December 31, 2020. ORIOLE Income Statement Prepare a statement of retained earnings for the year ending December 31, 2020. (List items that increase retained earnings first.) ORIOLE Statement of Retained Earnings Prepare an unclassified balance sheet at December 31. (List assets in order of liquidity.) ORIOLE ADVERTISING Balance Sheet Assets Liabilities and Stockholders' Equity Answer the following questions. (Round interest rate to O decimal places, e.g. 7%.) (1) If the note has been outstanding 3 months, what is the annual interest rate on that note? Annual interest rate (2) If the company paid $19,300 in salaries and wages in 2020, what was the balance in Salaries and Wages Payable on December 31, 2019? Balance in Salaries and Wages Payable $