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…
Exercise 4-13
This is a partial adjusted trial balance of Barone Company.
BARONE COMPANY Adjusted Trial Balance January 31, 2014 |
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Debit |
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Credit |
Supplies |
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$790 |
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Prepaid Insurance |
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1,230 |
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Salaries and Wages Payable |
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$1,030 |
Unearned Service Revenue |
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760 |
Supplies Expense |
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870 |
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Insurance Expense |
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410 |
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Salaries and Wages Expense |
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1,870 |
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Service Revenue |
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2,230 |
Answer these questions, assuming the year begins January 1.
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Your answer is incorrect. Try again. |
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If $2,510 of salaries was paid in January, what was the balance in Salaries and Wages Payable at December 31, 2013?
The balance in Salaries and Wages Payable at December 31, 2013 |
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$ [removed] |
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Your answer is incorrect. Try again. |
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If $1,800 was received in January for services performed in January, what was the balance in Unearned Service Revenue at December 31, 2013?
The balance in Unearned Service Revenue at December 31, 2013 |
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$ [removed] |
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