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If the company paid $12,500 in salaries and wages in 2020, what was the balance in salaries and wages payable on December 31.2019? Presented below

If the company paid $12,500 in salaries and wages in 2020, what was the balance in salaries and wages payable on December 31.2019?

Presented below are adjusted and unadjusted trial balance

December 31, 2020 Unadjusted ( U ) Adjusted (A)
Balance Sheet ( B)/ Income Statement Item (I) Dr Cr Dr Cr
B Cash 11,000 11,000
B Accounts Receivable 20,000 23,500
B Supplies 8,400 3,000
B Prepaid Insurance 3,350 2,500
B Equipment 60,000 60,000
B Accumulated Depreciation - Equipment 28,000 33,000
B Accounts Payable 5,000 5,000
B Interest Payable 150
B Notes Payable 5,000 5,000
B Unearned Service Revenue 7,000 5,600
B Salaries and Wages Payable 0 1,300
B Common Stock 10,000 10,000
B Retained Earnings 3,500 3,500
I Service Revenue 58,600 63,500
I Salaries and Wages Expense 10,000 11,300
I Insurance Expense 850
I Interest Expense 350 500
I Depreciation Expense 5,000
I Supplies Expense 5,400
I Rent Expense 4,000 4,000
Totals 117,100 117,100 127,050 127,050

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