Exercise 4-13
This is a partial adjusted trial balance of Barone Company.
BARONE COMPANYAdjusted Trial BalanceJanuary 31, 2014
Debit
Credit
Supplies
$790
Prepaid Insurance
1,230
Salaries and Wages Payable
$1,030
Unearned Service Revenue
760
Supplies Expense
870
Insurance Expense
410
Salaries and Wages Expense
1,870
Service Revenue
2,230
Answer these questions, assuming the year begins January 1.
Your answer is incorrect. Try again.
If the amount in Supplies Expense is the January 31 adjusting entry, and $220 of supplies was purchased in January, what was the balance in Supplies on January 1?
The balance in Supplies on January 1
$
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Your answer is incorrect. Try again.
If $2,510 of salaries was paid in January, what was the balance in Salaries and Wages Payable at December 31, 2013?
The balance in Salaries and Wages Payable at December 31, 2013
$[removed]
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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
$[removed]
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