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QUESTION 4. A partial adjusted trial balance of Sunland Company at January 31, 2020, shows the following. SUNLAND COMPANY Adjusted Trial Balance January 31, 2020

QUESTION 4.

A partial adjusted trial balance of Sunland Company at January 31, 2020, shows the following.

SUNLAND COMPANY Adjusted Trial Balance January 31, 2020

Debit

Credit

Supplies

$ 800

Prepaid Insurance

2,400

Salaries and Wages Payable

$ 900

Unearned Service Revenue

650

Supplies Expense

800

Insurance Expense

400

Salaries and Wages Expense

3,000

Service Revenue

2,900

Answer the following questions, assuming the year begins January 1. (a) If the amount in Supplies Expense is the January 31 adjusting entry and $ 1,100 of supplies was purchased in January, what was the balance in Supplies on January 1?

Supplies balance $ enter a Supplies balance in dollars

(b) If the amount in Insurance Expense is the January 31 adjusting entry and the original insurance premium was for one year, what was the total premium and when was the policy purchased?

Total premium

$ enter a dollar amount

Purchase date

select a purchase date

(c) If $ 3,800 of salaries was paid in January, what was the balance in Salaries and Wages Payable at December 31, 2019?

Salaries and wages payable $ enter a balance in Salaries and wages payable in dollars

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