Problem 10-02A (Part 2) Oriole Corporation sells rock-climbing products and also operates an indoor climbing...

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Accounting

Problem 10-02A (Part 2)

Oriole Corporation sells rock-climbing products and also operates an indoor climbing facility for climbing enthusiasts. During the last part of 2022, Oriole had the following transactions related to notes payable.

Sept. 1 Issued a $13,200 note to Pippen to purchase inventory. The 3-month note payable bears interest of 6% and is due December 1. (Oriole uses a perpetual inventory system.)
Sept. 30 Recorded accrued interest for the Pippen note.
Oct. 1 Issued a $20,400, 9%, 4-month note to Prime Bank to finance the purchase of a new climbing wall for advanced climbers. The note is due February 1.
Oct. 31 Recorded accrued interest for the Pippen note and the Prime Bank note.
Nov. 1 Issued a $30,000 note and paid $8,700 cash to purchase a vehicle to transport clients to nearby climbing sites as part of a new series of climbing classes. This note bears interest of 6% and matures in 12 months.
Nov. 30 Recorded accrued interest for the Pippen note, the Prime Bank note, and the vehicle note.
Dec. 1 Paid principal and interest on the Pippen note.
Dec. 31 Recorded accrued interest for the Prime Bank note and the vehicle note.
Post the above entries to the Notes Payable, Interest Payable, and Interest Expense accounts. (Post entries in the order of journal entries posted in the previous part of the question.)

Notes Payable

choose a transaction date

image 9/19/3010/110/3111/111/3012/112/3112/31 Bal.

enter a debit amount

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choose a transaction date

image 9/19/3010/110/3111/111/3012/112/3112/31 Bal.

enter a credit amount

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choose a transaction date

image 9/19/3010/110/3111/111/3012/112/3112/31 Bal.

enter a debit amount

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choose a transaction date

image 9/19/3010/110/3111/111/3012/112/3112/31 Bal.

enter a credit amount

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choose a transaction date

image 9/19/3010/110/3111/111/3012/112/3112/31 Bal.

enter a debit amount

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choose a transaction date

image 9/19/3010/110/3111/111/3012/112/3112/31 Bal.

enter a credit amount

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choose the end date of the accounting period

image 9/19/3010/110/3111/111/3012/112/3112/31 Bal.

enter a debit balance

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choose the end date of the accounting period

image 9/19/3010/110/3111/111/3012/112/3112/31 Bal.

enter a credit balance

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Interest Expense

choose a transaction date

image 9/19/3010/110/3111/111/3012/112/3112/31 Bal.

enter a debit amount

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choose a transaction date

image 9/19/3010/110/3111/111/3012/112/3112/31 Bal.

enter a credit amount

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choose a transaction date

image 9/19/3010/110/3111/111/3012/112/3112/31 Bal.

enter a debit amount

image

choose a transaction date

image 9/19/3010/110/3111/111/3012/112/3112/31 Bal.

enter a credit amount

image

choose a transaction date

image 9/19/3010/110/3111/111/3012/112/3112/31 Bal.

enter a debit amount

image

choose a transaction date

image 9/19/3010/110/3111/111/3012/112/3112/31 Bal.

enter a credit amount

image

choose a transaction date

image 9/19/3010/110/3111/111/3012/112/3112/31 Bal.

enter a debit amount

image

choose a transaction date

image 9/19/3010/110/3111/111/3012/112/3112/31 Bal.

enter a credit amount

image

choose the end date of the accounting period

image 9/19/3010/110/3111/111/3012/112/3112/31 Bal.

enter a debit balance

image

choose a transaction date

image 9/19/3010/110/3111/111/3012/112/3112/31 Bal.

enter a credit balance

image

Interest Payable

choose a transaction date

image 9/19/3010/110/3111/111/3012/112/3112/31 Bal.

enter a debit amount

image

choose a transaction date

image 9/19/3010/110/3111/111/3012/112/3112/31 Bal.

enter a credit amount

image

choose a transaction date

image 9/19/3010/110/3111/111/3012/112/3112/31 Bal.

enter a debit amount

image

choose a transaction date

image 9/19/3010/110/3111/111/3012/112/3112/31 Bal.

enter a credit amount

image

choose a transaction date

image 9/19/3010/110/3111/111/3012/112/3112/31 Bal.

enter a debit amount

image

choose a transaction date

image 9/19/3010/110/3111/111/3012/112/3112/31 Bal.

enter a credit amount

image

choose a transaction date

image 9/19/3010/110/3111/111/3012/112/3112/31 Bal.

enter a debit amount

image

choose a transaction date

image 9/19/3010/110/3111/111/3012/112/3112/31 Bal.

enter a credit amount

image

choose a transaction date

image 9/19/3010/110/3111/111/3012/112/3112/31 Bal.

enter a debit balance

image

choose the end date of the accounting period

image 9/19/3010/110/3111/111/3012/112/3112/31 Bal.

enter a credit balance

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Show the balance sheet presentation of notes payable and interest payable at December 31.
ORIOLE CORPORATION Balance Sheet (Partial) choose the accounting period

image For the Year Ended December 31, 2022December 31, 2022For the Month Ended December 31, 2022

select an opening subsection name

image Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' Equity

enter a balance sheet item

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$enter a dollar amount

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enter a balance sheet item

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enter a dollar amount

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