Exercise 3-7 A partial adjusted trial balance of Headland Company at January 31, 2017, shows the following. HEADLAND COMPANY ADJUSTED TRIAL BALANCE JANUARY 31, 2017 Debit Credit $1,010 Supplies Prepaid Insurance 4,260 Salaries and Wages Payable $1,110 Unearned Service Revenue 1,060 Supplies Expense 950 710 Insurance Expense Salaries and Wages Expense 2,110 Service Revenue 2,310 Answer the following questions, assuming the year begins January 1. Your answer is incorrect. Try again. 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