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Unformatted text preview: $ (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 $3,465 of salaries was paid in January, what was the balance in Salaries Payable at December 31, 2009? $ (d) If $1,577 was received in January for services performed in January, what was the balance in Unearned Revenue at December 31, 2009? $ Click here if you would like to Show Work for this question...
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