Selected T accounts for Thompson Traders are shown below. Adjusting entries for the period have been posted.

Required

(a) Supplies of $390 were purchased during the year. Calculate the 1 July balance in the Supplies account.

(b) No balance existed in the Unearned Rental Revenue account on 1 July. Calculate the total amount of rental fees that were received in cash during the period.

(c) The balance in the Prepaid Insurance account on 1 July was $910. Calculate the total cash payment made during the year for insurance premiums.

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30/6 Bal. Prepaid Insurance 1020 Supplies 400 30/6 Adj. ent. Insurance Expense 700 Supplies Expense 360 Unearned Rental Revenue 30/6 Bal. 30/6 Adj. ent. Rental Revenue Receivable 1/7 Bal. 30/6 Bal. 0 Rental Revenue 30/6 Bal. 12600 30/6 Bal. 980