E3-11 A partial adjusted trial balance of Rooney Company Ltd. at January 31, 2017, shows Analyse adjusted data. the following. (LO 4, 5, 6, 7) ROONEY COMPANY LTD. Adjusted Trial Balance January 31, 2017 Debit Credit Supplies 850 Prepaid Insurance 2,400 Salaries and Wages Payable 800 Unearned Service Revenue 750 Supplies Expense 950 Insurance Expense 400 Salaries and Wages Expense 2,500 Service Revenue 2,000 Instructions Answer the following questions, assuming the year begins January 1. (a) If the amount in Supplies Expense is the January 31 adjusting entry, and 710 of sup- plies was purchased in January, what was the balance in Supplies on January 1? (6) If the amount in Insurance Expense is the January 31 adjusting entry, and the original insurance premium was for 1 year, what was the total premium and when was the policy purchased? 144 3 Adjusting the Accounts () If 3,100 of salaries was paid in January, what was the balance in Salaries and Wages Payable at December 31, 2016