This is a partial adjusted trial balance of Barone Company. Answer these questio

Question

This is a partial adjusted trial balance of Barone Company. Answer these questions, assuming the year begins January 1. Your answer is incorrect. Try again. If $1,800 was received in January for services performed in January, what was the balance in Unearned Service Revenue at December 31, 2013? The balance in Unearned Service Revenue at December 31, 2013 Your answer is incorrect. Try again. If the amount in Supplies Expense is the January 31 adjusting entry, and $300 of supplies was purchased in January, what was the balance in Supplies on January 1? The balance in Supplies on January 1

Explanation / Answer

BALANCE IN UNEARNED SERVICE REVENUE AT DEC 31,2013 = SERVICE REVENUE CREDITED IN JAN

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