Question 1 of 2 This is a partial adjusted trial balance of Ramon Company. RAMON COMPANY Adjusted Trial Balance January 31, 2022 Supplies Prepaid Insurance Salaries and Wages Payable Unearned Service Revenue Supplies Expense Insurance Expense Salaries and Wages Expense Service Revenue Purchase date Debit $700 1,560 950 520 1,800 Credit Answer these questions, assuming the year begins January 1, $1,060 750 4,000 If the amount in Supplies Expense is the January 31 adjusting entry and $300 of supplies was purchased in January, what was the balance in Supplies on January 1?

(b) 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 $ 0/1 E 1040 June 1, 2021

(a) bulance ia Suppleti on inuaryt? Sustlies balance: 1 (b) total premives and when was the policy purchaitd? fotal premium for 1 year Purchae date (a) If the amount in Supplies Expense is the January 31 adjusting entry and $300 of supplies was purchased in January, what was the balance in Supplies on January 1 ? Supplies balance $ (b) 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 thar \$ Purchase date (c) If $2,500 of salaries was paid in January, what was the balance in Salaries and Wages Payable at December 31,2021? Balance in Salaries and Wages Payable at December 31, 2021 (d) If $1.800 was received in January for services performed in January, what was the balance in Unearned Service Revenue at December 31,2021 ? Balance in Unearned Service Revenue at December 31, 2021 eTextbook and Media Assistance Used eTextbook