a partial adjusted trial balance of piper company at january 31 show the following piper company adjusted trial balance january 31rsupplies                                 700 prepaid insurance                                  2400 salaries and wages payable                                                    800 unearned services revenue                                                     750 supplies expenses                                    950 insurance expenses                                  400 salaries and wages expenses                 1800 services revenue                                                                      2000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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a partial adjusted trial balance of piper company at january 31 show the following

piper company

adjusted trial balance

january 31rsupplies                                 700

prepaid insurance                                  2400

salaries and wages payable                                                    800

unearned services revenue                                                     750

supplies expenses                                    950

insurance expenses                                  400

salaries and wages expenses                 1800

services revenue                                                                      2000

 

answer the followng question assuming the years begins january 1

if the amount in supplies expense is the january 31 adjusting entry and 850 of supplies was purchased in january what was the balance in supplies on january 1

 

if the amount in insurance expenses is the january 31 adjusting entry and the original insurance premium was for one year wat was the total premium and when was the policy pucharsed

if 2500 of salaries was paid in january what was the balance in salaries and wages payable at december 31

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