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question : you have the following adjusted Trial balance at 31/12/2017: Adjusted trial balance Account title Dr Cr A/R 20000 Supplies 1000 Equipment 37000 Accumulated

question : you have the following adjusted Trial balance at 31/12/2017:

Adjusted trial balance

Account title

Dr

Cr

A/R

20000

Supplies

1000

Equipment

37000

Accumulated depreciation

35000

AP

24000

Share capital

22000

Retained earnings

8000

Dividends

3000

Prepaid insurance

8000

Rent revenue

8000

Salaries expense

25000

Unearned service revenue

5000

Service revenue

25000

Total

Depreciation expense

25000

Supplies expense

9000

Salaries payable

5000

Insurance expense

4000

Total

132000

132000

Answer the followings

The company had supplies on hand at 1/1/2017 of 6,000. How much supplies were purchased during 2017?

Assume prepared insurance were paid 5 years ago and it is consumed equally annually. and the remaining will be expired by 31/12/2019. how much was the prepaid when first paid?

Assume the company had salaries payable of 7,000 at 1/1/2017. how much the salaries paid during 2017?

Assume that three quarters of the unearned revenues were earned during 2017, how much is the unearned revenues in the Trial balance before adjustment?

Assume depreciation expense presents annual depreciation. what is the balance of accumulated depreciation on 31.12.2018?

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