iew Policies
urrent Attempt in Progress
On June Oriole Company purchases equipment on account from Moleski Manufacturers for $ Oriole is unable to pa
its account on July so Moleski agrees to accept a threemonth, note payable from Oriole. Interest is payable the first of
each month, starting August Oriole has an August fiscal year end and adjusts its accounts on an annual basis.
Record all transactions related to the note for Oriole Company. 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 for the amounts. List all debit entrie
before credit entries. Round answers to decimal places, eg Record journal entries in the order presented in the problem.
Date
Account Titles
Debit
Credit