Adjusted Trial Balance January 31, 2012 Debit Credit Supplies $ 854 Prepaid Insurance 2,490 Salaries and Wages Payable $ 769 Unearned Service Revenue 783 Supplies Expense 950 Insurance Expense 415 Salaries and Wages Expense 2,901 Service Revenue 3,300 Answer the following questions, assuming the year begins January 1. (a) If the amount in Supplies Expense is the January 31 adjusting entry, and $1,075 of supplies was purchased in January.
what was the balance in Supplies on January 1? The balance in Supplies on January 1 $ (b) If the amount in Insurance Expense is the January 31 adjusting entry, and the original insurance premium was for one year, what was the total premium and when was the policy purchased? The total premium $ The policy purchased (c) If $3,189 of salaries was paid in January, what was the balance in Salaries and Wages Payable at December 31, 2011? The balance in Salaries and Wages Payable at December 31, 2011 $ (d) If $1,889 was received in January for services performed in January, what was the balance in Unearned Service Revenue at December 31, 2011? The balance in Unearned Service Revenue at December 31, 2011 $