1,800 4,000
Salaries and Wages Expense Service Revenue
Instructions
Answer these questions , assuming the year begins January 1 . ( a ) 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 ? ( b ) 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 ? ( c ) If $ 2,500 of salaries was paid in January , what was the balance in Salaries and
Wages Payable at December 31 ,
2013 ? ( d ) If $ 1,800 was received in January for services performed in January , what was
the balance in Unearned Service Revenue at December 31 ,
2013 ? NOTE : Enter a number in cells requesting a value ; enter either a number or a formula in cells with a "?" .