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could you do this question for me ? Thank you so much This is a partial adjusted trial balance of Darcy Designs Pty Ltd. No.
could you do this question for me ? Thank you so much
This is a partial adjusted trial balance of Darcy Designs Pty Ltd. No. 11 0 11 2 21 2 21 3 40 0 50 0 50 5 51 5 Darcy Designs Pty Ltd Adjusted trial balance (partial) as at 31 July 2016 Account name Debit Supplies Credit $1,500 Prepaid Insurance 2,310 Salaries Payable $1,440 Service Revenue Received in Advance 1,130 Service Revenue 3,210 Salaries Expense 7,070 Supplies Expense 1,300 Insurance Expense 770 Answer the following questions, assuming the year begins on 1 July. (Hint: Reconstruct the T accounts to help answer these questions.) Don't show me this message again for the assignment (a) If the amount in supplies expense is the 31 July adjusting entry, and $1,320 of supplies was purchased in July, what was the balance in supplies on 1 July? $ Supplies balance 1 July Don't show me this message again for the assignmentStep by Step Solution
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