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A partial adjusted trial balance of Sheridan Company at January 31, 2025, shows the following. SHERIDAN COMPANY Adjusted Trial Balance January 31, 2025 Supplies Prepaid
A partial adjusted trial balance of Sheridan Company at January 31, 2025, shows the following. SHERIDAN COMPANY Adjusted Trial Balance January 31, 2025 Supplies Prepaid Insurance Salaries and Wages Payable Unearned Service Revenue Supplies Expense Insurance Expense Salaries and Wages Expense Service Revenue Beginning balance of supplies Debit eTextbook and Media $860 List of Accounts 3,360 950 560 1,960 Credit Answer the following questions, assuming the year begins January 1. $960 If the amount in Supplies Expense is the January 31 adjusting entry, and $850 of supplies was purchased in January, what was the balance in Supplies on January 1? $ 910 2,160
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