If the amount in Supplies Expense is the January 31 adjusting entry and $350 of

Question

If the amount in Supplies Expense is the January 31 adjusting entry and $350 of supplies was purchased in January, what was the balance in Supplies on January 1? Supplies balance If the amount in Insurance Expense is the January 31 adjusting entry and the original insurance premium was for 1 year, what was the total premium and when was the policy purchased? Total premium for 1 year $ Purchase date If $2,010 of salaries was paid in January, what was the balance in Salaries and Wages Payable at December 31, 2016? Balance in Salaries and Wages Payable at December 31, 2016 If $1,800 was received in January for services performed in January, what was the balance in Unearned Service Revenue at December 31, 2016? Balance in Unearned Service Revenue at December 31, 2016s Click if you would like to Show Work for this question: Open Show Work

Explanation / Answer

A)

1760

C/D 890 + 870 TRF

B) 400 X 12= 4800

1/4/2016

C) 1900

C/D 1690+ 2060 -1850

D) 960

B/F 960 + 1800 - 2060 C/D700,

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