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A partial adjusted trial balance of Marine Repair Company at January 31, 20 2 1 , shows the following. Marine Repair Company Adjusted Trial Balance

A partial adjusted trial balance of Marine Repair Company at January 31, 2021, shows the following.

Marine Repair Company

Adjusted Trial Balance (partial)

January 31, 2021

DebitCredit

Supplies$ 2,100

Prepaid Insurance14,850

Salaries and Wages Payable$1,310

Unearned Revenue3,350

Supplies Expense2,380

Insurance Expense1,650

Salaries and Wages Expense7,630

Service Revenue19,880

Required:

Answer the following questions, assuming the accounting year begins January 1st.

Very Important: Do Not just provide an answer, you must show your detailed work/calculations.

(a)If the amount in Supplies Expense is the January 31adjusting entry, and $3,750 of supplies was purchased in January, what was the balance in Supplies on January 1st?

(b)If the amount in Insurance Expense is the January 31 adjusting entry, and the original insurance premium was for one year, what was the total premium and when was the policy purchased?

(c)If $7,080 of salaries was paid in January, what was the balance in Salaries and Wages. Payable at the end of December 31, 2020?

(d)If $14,445 was received in January for services performed in January, what was the balance in Unearned Revenue at the end of December 31, 2020?

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