Exercise 4-13 This is a partial adjusted trial balance of Barone Company. BARONE COMPANY Adjusted Trial Balance January 31, 2014  Debit CreditSupplies $790  Prepaid Insurance 1,230  Salaries and Wages Payable   $1,030Unearned…

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Exercise 4-13

This is a partial adjusted trial balance of Barone Company.

BARONE COMPANY
Adjusted Trial Balance
January 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.

 

 
Incorrect answer. 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   $Entry field with incorrect answer
 

 

Incorrect answer. 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   $Entry field with incorrect answer[removed]
 

 

Incorrect answer. 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   $Entry field with incorrect answer[removed]
 

 

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