Oriole company has the following balance in selected accounts on December 31, 2020 ...

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Oriole company has the following balance in selected accounts on December 31, 2020
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B&8 Repair Services Transactoins Additional Information August 2019 Transactions Date Description of the Transaction Aug 1 Paid $400 cash for advertising in local newspapers. Advertising flyers will be included with newspapers delivered during August and September. Aug S Received $3,800 cash for services performed in August Paid $3,120 for salaries due employees, of which $1,700 is for August and $1,420 is for July salaires payable. Aug 10 Aug 22 Purchased supplies on account $800. Aug 25 Paid $2,900 cash for employees' salaries Aug 27 Billed customers $3,760 for services performed. Aug 29 Received $780 from customers for services to be performed in the future. Adjustment data: 1. A count shows supplies on hand of $960. 2. Accrued but unpaid employees' salaries are $1,540. 3. Depreciation on equipment for the month is $320. 4. Services were performed to satisfy $800 of unearned service revenue. 5. One month's worth of advertising services has been received One month of interest revenue related to the $4,000 note receivable has accrued. The interest on the loan for August is $20. 6. B&B Repair Services Transactoins Additional Information August 2019 Transactions Date Aug 1 Description of the Transaction Paid $500 cash for advertising in local newspapers Advertising flyers will be included with newspapers delivered during August and September. Aug 5 Received $5,000 cash for services performed in August Aug 10 Paid $4,120 for salaties due employees, of which $2,700 is for August and $1,420 is for July salaires payable. Purchased supplies on account $900. Aug 22 Aug 25 Paid $1,900 cash for employees' salaries. Aug 27 Billed customers $3,700 for services performed. Aug 29 Received $830 from customers for services to be performed in the future. Adjustment data: 1. A count shows supplies on hand of $900 2 Accrued but unpaid employees' salaries are $1,740. Depreciation on equipment for the month is $300. Services were performed to satisfy $900 of unearned service revenue. 5. One month's worth of advertising services has been received 6. One month of interest revenue related to the $4,000 note receivable has accrued The interest on the loan for August is $30 B&8 Repair Services Transactoins Additional Information August 2019 Transactions Date Description of the Transaction Aug 1 Paid $400 cash for advertising in local newspapers. Advertising flyers will be included with newspapers delivered during August and September. Aug S Received $3,800 cash for services performed in August Paid $3,120 for salaries due employees, of which $1,700 is for August and $1,420 is for July salaires payable. Aug 10 Aug 22 Purchased supplies on account $800. Aug 25 Paid $2,900 cash for employees' salaries Aug 27 Billed customers $3,760 for services performed. Aug 29 Received $780 from customers for services to be performed in the future. Adjustment data: 1. A count shows supplies on hand of $960. 2. Accrued but unpaid employees' salaries are $1,540. 3. Depreciation on equipment for the month is $320. 4. Services were performed to satisfy $800 of unearned service revenue. 5. One month's worth of advertising services has been received One month of interest revenue related to the $4,000 note receivable has accrued. The interest on the loan for August is $20. 6. B&B Repair Services Transactoins Additional Information August 2019 Transactions Date Aug 1 Description of the Transaction Paid $500 cash for advertising in local newspapers Advertising flyers will be included with newspapers delivered during August and September. Aug 5 Received $5,000 cash for services performed in August Aug 10 Paid $4,120 for salaties due employees, of which $2,700 is for August and $1,420 is for July salaires payable. Purchased supplies on account $900. Aug 22 Aug 25 Paid $1,900 cash for employees' salaries. Aug 27 Billed customers $3,700 for services performed. Aug 29 Received $830 from customers for services to be performed in the future. Adjustment data: 1. A count shows supplies on hand of $900 2 Accrued but unpaid employees' salaries are $1,740. Depreciation on equipment for the month is $300. Services were performed to satisfy $900 of unearned service revenue. 5. One month's worth of advertising services has been received 6. One month of interest revenue related to the $4,000 note receivable has accrued The interest on the loan for August is $30

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