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A partial adjusted trial balance of Gehring Company at January 31, 2019, shows the following....

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Accounting

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A partial adjusted trial balance of Gehring Company at January 31, 2019, shows the following. Gehring Company Adjusted Trial Balance January 31, 2019 Debit Credit $ 850 2,400 $ 800 750 Supplies Prepaid Insurance Salaries and Wages Payable Unearned Service Revenue Supplies Expense Insurance Expense Salaries and Wages Expense Service Revenue 950 400 2,900 2,000 Answer the following questions, assuming the year begins January 1. (a) If the amount in Supplies Expense is the January 31 adjusting entry and $1,000 of supplies was purchased in January, what was the balance in Supplies on January 1? Supplies balances (b) If the amount in Insurance Expense is the January 31 adjusting entry and the original insurance premium was for one year, what was the total premium and when was the policy purchased? Total premium Purchase date (c) If $3,500 of salaries was paid in January, what was the balance in Salaries and Wages Payable at December 31, 2018? Salaries and wages payable Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR EXERCISE

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