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Question 4: You are the bookkeeper of Dawson Inc. and you are currently trying to prepare the annual reports for the company, but you have

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Question 4: You are the bookkeeper of Dawson Inc. and you are currently trying to prepare the annual reports for the company, but you have a problem, some amounts are missing and you need to calculate them: Accounts titles Trial Balance (Before adjustments) $90,000 $18,000 A B 560,000 $12,000 Trial Balance (After adjustments) $90,000 $13,000 $20,000 515,000 $60,000 $14,400 Cash Supplies Account receivables Prepaid insurance Equipment's Accumulated depreciation- equipment's Account payable Salaries and wages payable Interest payable Unearned service revenues Share capital ordinary Retained earrings Service revenues Rent revenues Supplies expense Insurance expense Depreciation expense Interest expense Salaries and wages expense $7,000 $15,000 $7,700 $9,000 $50,000 $103,600 $12,000 $1000 $7,000 $21,200 $9,000 D $50,000 5103,600 $17.500 $1000 0 0 C 0 $14,000 E $3,800 $2.400 51,300 F Total 5217,300 $217,300 $230,700 $230,700 ENG son Failed) Editing 300 700 Insurance exp Salaries and wages exp Service revenue 4,000 Answer the following questions, assuming the year begins on Jan.1 A. If the given balance in supplies expense is the march.31 adjusting entry, and 800 of supplies were purchased during this quarter. What was the beginning balance of supplies on 1st. Jan.2020. B. If the given balance in insurance expense is the march.31 adjusting entries, and the original insurance policy was for two years. Knowing that the march.31 adjusting entry is not the first adjusting entry made for prepaid insurance, when was the original insurance policy purchased (identify the specific date) ? C. If the given balance in interest expense is the march.31 adjusting entry, and the note has an annual interest rate of 12%, how many months has it been outstanding

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