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Thls ls a partlal adjusted trlal balance of Crane Company. Answer these questlons, assuming the year begins January 1. (a) If the amount In Supplies

image text in transcribed Thls ls a partlal adjusted trlal balance of Crane Company. Answer these questlons, assuming the year begins January 1. (a) If the amount In Supplies Expense ls the January 31 adjusting entry and $300 of supplles was purchased in January, what was the balance in Supplies on January 1 ? Supplies balance 5 (b) If the amount In Insurance Expense is the January 31 adjusting entry and the orlginal Insurance premilum was for one year, what was the total premlum and when was the pollcy purchased? Total premilum for 1 year $ Purchase date (c) If $2,350 of salarles was paid in January, what was the balance in Salarles and Wages Payable at December 31,20x1 ? Balance in Salarles and Wages Payable at December 31, 20x 01 5 (d) If $1,680 was recelved in January for services performed in January, what was the balance in Unearned Revenue at December 31 . 20001 ? Balance In Unearned Service Revenue at December 31, 2000-1 $

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