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A partial adjusted trial balance of Sunland Company at January 31, 2017, shows the following. SUNLAND COMPANY ADJUSTED TRIAL BALANCE JANUARY 31, 2017 Debit Credit

A partial adjusted trial balance of Sunland Company at January 31, 2017, shows the following.

SUNLAND COMPANY ADJUSTED TRIAL BALANCE JANUARY 31, 2017

Debit

Credit

Supplies $1,040
Prepaid Insurance 4,440
Salaries and Wages Payable $1,140
Unearned Service Revenue 1,090
Supplies Expense 950
Insurance Expense 740
Salaries and Wages Expense 2,140
Service Revenue 2,340
Answer the following questions, assuming the year begins January 1.
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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?
Beginning balance of supplies $

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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?
Total premium $

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When was the policy purchased?
The policy was purchased on

image text in transcribed July 1, 2016August 1, 2016August 31, 2016

.
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If $2,840 of salaries was paid in January, what was the balance in Salaries and Wages Payable at December 31, 2016?
Beginning balance of salaries and wages payable $

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If $1,940 was received in January for services performed in January, what was the balance in Unearned Service Revenue at December 31, 2016? Assume that there are no accounts receivable.
Beginning balance of unearned service revenue $

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