Exercise 4-13 This is a partial adjusted trial balance of Barone Company. BARONE COMPANY Adjusted Trial Balance January 31 2014Â Â DebitÂ CreditSuppliesÂ $790Â Â Prepaid InsuranceÂ 1230Â Â Salaries and Wages PayableÂ Â Â $1030Unearned…

Exercise 4-13

This is a partial adjusted trial balance of Barone Company.

BARONE COMPANY Adjusted Trial Balance January 31, 2014
	Debit	Credit
Supplies	$790
Prepaid Insurance	1,230
Salaries and Wages Payable		$1,030
Unearned Service Revenue		760
Supplies Expense	870
Insurance Expense	410
Salaries and Wages Expense	1,870
Service Revenue		2,230

Answer these questions, assuming the year begins January 1.


	Your answer is incorrect. Try again.

If the amount in Supplies Expense is the January 31 adjusting entry, and $220 of supplies was purchased in January, what was the balance in Supplies on January 1?

The balance in Supplies on January 1

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If $2,510 of salaries was paid in January, what was the balance in Salaries and Wages Payable at December 31, 2013?

The balance in Salaries and Wages Payable at December 31, 2013

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If $1,800 was received in January for services performed in January, what was the balance in Unearned Service Revenue at December 31, 2013?

The balance in Unearned Service Revenue at December 31, 2013

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