Question
The trial balances before and after adjustment for Carla Vista Co. at October 31, 2021, which is the end of its fiscal year, are as
The trial balances before and after adjustment for Carla Vista Co. at October 31, 2021, which is the end of its fiscal year, are as follows:
Before Adjustment | After Adjustment | ||||||||
---|---|---|---|---|---|---|---|---|---|
Debit | Credit | Debit | Credit | ||||||
Cash | $9,205 | $9,205 | |||||||
Accounts Receivable | 8,730 | 9,270 | |||||||
Supplies | 2,400 | 690 | |||||||
Prepaid Insurance | 3,805 | 2,590 | |||||||
Equipment | 34,310 | 34,310 | |||||||
Accumulated DepreciationEquipment | $3,350 | $5,630 | |||||||
Accounts Payable | 5,880 | 5,880 | |||||||
Notes Payable | 38,205 | 38,205 | |||||||
Salaries Payable | 0 | 1,245 | |||||||
Interest Payable | 0 | 495 | |||||||
Unearned Revenue | 1,650 | 995 | |||||||
E. Carla Vista, Capital | 5,610 | 5,610 | |||||||
E. Carla Vista, Drawings | 10,280 | 10,280 | |||||||
Service Revenue | 47,825 | 49,020 | |||||||
Depreciation Expense | 0 | 2,280 | |||||||
Insurance Expense | 0 | 1,215 | |||||||
Interest Expense | 1,485 | 1,980 | |||||||
Rent Expense | 15,325 | 15,325 | |||||||
Salaries Expense | 16,980 | 18,225 | |||||||
Supplies Expense | 0 | 1,710 | |||||||
Totals | $102,520 | $102,520 | $107,080 | $107,080 |
If the balance in Salaries Payable on January 1, 2021, was $ 1,160, what was the amount of salaries paid in cash during January?
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