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This is a partial adjusted trial balance of Ivanhoe Company. Answer these questions, assuming the year begins January 1 . ( a ) If the
This is a partial adjusted trial balance of Ivanhoe Company.
Answer these questions, assuming the year begins January
a
If the amount in Supplies Expense is the January adjusting entry and $ of supplies was purchased in January, what was the
balance in Supplies on January b
If the amount in Insurance Expense is the January adjusting entry and the original insurance premium was for year, what was the
total premium and when was the policy purchased?
Total premium for year $
Purchase date
c
If $ of salaries was paid in January, what was the balance in Salaries and Wages Payable at December
Balance in Salaries and Wages Payable at December $
d
If $ was received in January for services performed in January, what was the balance in Unearned Service Revenue at December
Balance in Unearned Service Revenue at December $
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