What shall fill in (b) - 5.

Oriole Paintball records adjusting entries on an annual basis. The company has the following information available on accruals that must be recorded for its year ended June 30. 1. Oriole Paintball has a 5% note payable outstanding with its bank for $38,400. Interest is payable on a monthly basis on the first of the month. (For example, interest incurred during May would be paid June 1.) 2. Oriole Paintball is open seven days a week and employees are paid a total of $4,200 every Monday for a seven-day (MondaySunday) workweek. June 30 , is a Wednesday so employees will have worked three days (Monday-Wednesday) before the year end that they have not been paid for as at June 30. Employees will be paid next on Monday, July 5. 3. Oriole Paintball receives a commission from Pizza Shop next door for all pizzas sold to customers using the Oriole Paintball facility. The amount owing for June is $460, which Pizza Shop will subsequently pay on July 7. 4. The June utility bill for $385 was unrecorded on June 30 . Oriole Paintball paid the bill on July 9. 5. Oriole Paintball sold some equipment on June 1 , in exchange for a $9,600,6% note receivable. The principal and interest are due on September 1. For each of the above items, prepare the adjusting entry required at June 30 . (Credit account titles are automatically indented when the 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. List all debit entries before credit entries.) For each of the above items, prepare the journal entry to record the subsequent cash transaction in July and September of the next fiscal year. Assume all payments and receipts are made as indicated. (Credit account titles are automatically indented when the 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. Record journal entries in the order presented in the problem. List all debit entries before credit entries.)