Exercise 4-15 This is a partial adjusted trial balance of Ivanhoe Company TVANHOE COMPANY Adjusted Trial Balance January 31, 2022 Credit Debit $760 1.590 $1,250 Supplies Prepaid Insurance Salaries and Wages Payable Unearned Service Revenue Supplies Expense Insurance Expense Salaries and Wages Expense Service Revenue 830 530 1,640 2.230 Answer these questions, assuming the year begins January 1. (a) If the amount in Supplies Expense is the January 31 adjusting entry and $400 of supplies was purchased in January, what was the balance in Supplies on January 17 Supplies balance (6) If the amount in Insurance Expense is the lanuary 31 adjusting entry and the original insurance premium was for 1 year, what was the total premium and when was the policy purchased? 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 for 1 year Purchase date If $2,260 of salaries was paid in January, what was the balance in Salaries and Wages Payable at December 31, 2017 Balance in Salaries and Wages Payable at December 31, 2021 (a) $1,800 was received in January for services performed in January, what was the balance in Unearned Service Revenue December 31, 2021? Balance in Unearned Service Revenue at December 31, 2021 Exercise 4-21 Selected year-end account balances from the adjusted trial balance as of December 31, 2022, for Novak Corp. is provided below. Debit Credit Accounts Receivable $63,890 Dividends 23,140 Depreciation Expense 11,620 Equipment 187,260 Salaries and Wages Expense 80,170 Accounts Payable $46,640 Accumulated Depreciation-Equipment 101,020 Unearned Rent Revenue 20,150 Service Revenue 161,740 Rent Revenue 5,460 Rent Expense 3,170 Retained Earnings Supplies Expense 1,230 54,380 Prepare doing entries (Credit account titles are automatically indented when the amount is entered. Do not indent manually. It ne entry is required, select "No Entry for the account titles and enter for the amount) Dec. 31 (Todose revenue account) (Todos o s aco ) Dec 3 LIU N ome to retained earnings) Dec 31 (To close dividends to retained earnings) SHOW LIST OF ACCOUNTS Determine the post-closing balance in Retained Earnings. (Post entries in the order of journal entries presented in the previous part.) Retained Earnings