Exercise 4-13 This is a partial adjusted trial balance of Barone Company. BARONE COMPANY Adjusted Trial Balance January 31, 2014  Debit CreditSupplies $790  Prepaid Insurance 1,230  Salaries and Wages Payable   $1,030Unearned...

profileestele
Home>Homework Answsers>Business & Finance homework help>Accounting homework help
wileyplus

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.
 
 
Incorrect answer.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 $Entry field with incorrect answer
 
 

Incorrect answer.Your answer is incorrect.  Try again.
  
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 $Entry field with incorrect answer[removed]
 
 

Incorrect answer.Your answer is incorrect.  Try again.
  
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 $Entry field with incorrect answer[removed]
 
 

    • 12 years ago
    • 999999.99
    Report issue
    Answer(0)
    Bids(0)