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4. Please show formulas used Answer these questions, assuming the year begins January 1. (a) If the amount in Supplies Eapense it the January 31
4. Please show formulas used
Answer these questions, assuming the year begins January 1. (a) If the amount in Supplies Eapense it the January 31 adjusting entry and 3354 of supplies was purchased in January. what was the batance in Sopplies on Jamary 1 ? Suppities batance If the amount in Imurance Expense is the January 31 adfusting entry and the original insurance premium was for 1 year, what was the total premium and when was the policy purchased? Total premium foc 1 year $ Purchase date (c) If 52.950 of salaries owed were pald in Janwary, what was the balance in Salarles and Wages Payable at December 31, 2021? Batance in 5 slaries and Wages Payable at December 31, 2021 $ (d) Dtalance in Unearned Servicet fleverus it December 31, 2021 Step by Step Solution
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