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A partial adjusted trial balance of Blossom Company at January 31, 2022, shows the following. BLOSSOM COMPANY Adjusted Trial Balance January 31, 2022 Supplies Prepaid
A partial adjusted trial balance of Blossom Company at January 31, 2022, shows the following. BLOSSOM COMPANY Adjusted Trial Balance January 31, 2022 Supplies Prepaid Insurance Salaries and Wages Payable Unearned Service Revenue Supplies Expense Insurance Expense Salaries and Wages Expense Service Revenue Supplies balance Debit $ $900 2,400 900 400 2,500 Credit $700 850 Answer the following questions, assuming the year begins January 1. (a) If the amount in Supplies Expense is the January 31 adjusting entry and $1,000 of supplies was purchased in January, what was the balance in Supplies on January 1? 2,300
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