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* Question 5 Crane Company's fiscal year end is December 31. On January 31, 2017, the company's partial adjusted trial balance shows the following: CRANE

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* Question 5 Crane Company's fiscal year end is December 31. On January 31, 2017, the company's partial adjusted trial balance shows the following: CRANE COMPANY Adjusted Trial Balance (Partial) January 31, 2017 Debit Credit Supplies 1830 Prepaid Insurance 1,280 Equipment 7,200 Accumulated Depreciation-Equipment $3,660 Salaries Payable 800 Unearned Revenue 770 Service Revenue 2,120 Depreciation Expense 60 Insurance Expense 320 Salaries Expense 1,800 Supplies Expense 885 If $1,560 was received inJanuary for services performed in January, what was the balance in Unearned Revenue at December 31, 20167 Unearned revenue If the amount in Depreciation Expense is the depreciation for one month, when was the equipment purchased? Purchase date 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? (Hint: Assume the policy was purchased on the first day off the month.) Total premium Purchase date If the amount in Supplies Expense is the January 31 adjusting entry, and the balance in Supplies on January 1 was $840, what was the amount of supplies purchased in January? Supplies purchased $ If the balance in Salaries Payable onJanuary 1, 2017, was $1,200, what was the amount of salaries paid in cash during January? Salaries paid

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