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A partial adjusted trial balance of Sheridan Company at January 31, 2022, shows the following. SHERIDAN COMPANY Adjusted Trial Balance January 31, 2022 Debit Credit

A partial adjusted trial balance of Sheridan Company at January 31, 2022, shows the following.

SHERIDAN COMPANY Adjusted Trial Balance January 31, 2022

Debit

Credit

Supplies

$ 800

Prepaid Insurance

1,800

Salaries and Wages Payable

$ 700

Unearned Service Revenue

850

Supplies Expense

900

Insurance Expense

300

Salaries and Wages Expense

3,000

Service Revenue

3,200

Answer the following questions, assuming the year begins January 1. (a) If the amount in Supplies Expense is the January 31 adjusting entry and $1,100 of supplies was purchased in January, what was the balance in Supplies on January 1?

Supplies balance $enter the amount of supplies balance in dollars

(b) If the amount in Insurance Expense is the January 31 adjusting entry and the original insurance premium was for 1 year, what was the total premium and when was the policy purchased?

Total premium

$enter the total premium in dollars

Purchase date

select a purchase date Dec. 31, 2019July 31, 2019Jan. 31, 2020Sep. 30, 2019Jan. 31, 2019Aug. 1, 2021

(c) If $4,000 of salaries owed were paid in January, what was the balance in Salaries and Wages Payable at December 31, 2021?

Salaries and wages payable $enter the balance in salaries and wages payable in dollars

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