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10 DJ Wall. Durine the ending balance in each account. (Record transactions from the of each...


10 DJ Wall. Durine the ending balance in each account. (Record transactions from the of each T-account. i Requirements 1. 2.
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Accounts Receivable Note Payable Salary Expense Medical Supplies Common Stock Rent Expense Land Utilities Expense Choose from
month of operation (July), the business, titled Dr. Char Monn, Professional Corpora ournal entries.) More Info Jul 6 Morin in
herer Journal Entry Date Accounts and Explanations Debit Credit Jul 6 Cash 155,000 Common Stock 155,000 Issued stock to owner
Jul 15 No entry required Jul 31 (a) Cash 4,550 Accounts Receivable 4,550 Service Revenue 9,100 Performed service for cash and
10 DJ Wall. Durine the ending balance in each account. (Record transactions from the of each T-account. i Requirements 1. 2. 3. Post the entries to the ledger, using T-accounts. Key transactions by date. Determine the ending balance in each account. Prepare the trial balance of Dr. Char Morin, P.C., at July 31, 2018. From the trial balance, determine total assets, total liabilities, and total stockholders' equity on July 31. Print Done Rent Expense
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Accounts Receivable Note Payable Salary Expense Medical Supplies Common Stock Rent Expense Land Utilities Expense Choose from any list or enter any number in the input fields and then click Check Answer.
month of operation (July), the business, titled Dr. Char Monn, Professional Corpora ournal entries.) More Info Jul 6 Morin invested $155,000 in the business, which in turn issued its common stock to her. 9 The business paid cash for land costing $62,000. Morin plans to build an office building on the land. 12 The business purchased medical supplies for $1,500 on account. 15 Dr. Char Morin, P.C., officially opened for business. 15-31 During the rest of the month, Morin treated patients and earned service revenue of $9, 100, receiving cash for half the revenue earned. 15-31 The business paid cash expenses: employee salaries, $3,300; office rent, $1,400; utilities, $400. 31 The business sold medical supplies to another physician for cost of $500 and received cash. 31 The business borrowed $33,000, signing a note payable to the bank. 31 The business paid $600 on account.
herer Journal Entry Date Accounts and Explanations Debit Credit Jul 6 Cash 155,000 Common Stock 155,000 Issued stock to owner. Jul 9 Land 62,000 Cash 62,000 Jul 1,500 1,500 Jul Jul 4,550 Purchased land. 12 Medical Supplies Accounts Payable Purchased supplies on account. 15 No entry required 31 (a) Cash Accounts Receivable Service Revenue Performed service for cash and on account 31 (b) Salary Expense Rent Expense Initiae vnonce 4,550 9,100 Jul 3,300 1,400 400 Print Done
Jul 15 No entry required Jul 31 (a) Cash 4,550 Accounts Receivable 4,550 Service Revenue 9,100 Performed service for cash and on account. Jul 31 (b) Salary Expense Rent Expense Utilities Expense 3,300 1,400 400 Cash 5,100 Jul 500 500 Jul Paid expenses. 31 (c) Cash Medical Supplies Sold supplie upplies . 31 (d) Cash Note Payable Borrowed money 31 (e) Accounts Payable Cash 33,000 33.000 600 Jul 600 Paid on account Print Done
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ReportAnswer #1

edger Accounts Payable 600 Dec 12 Dec 6 Dec 31(e) $ $ 1,500 Service Revenue Dec 31(a) $ 9,100 Dec 31(a) Dec 31(c) Dec 31(d)

DR.Helen Samosa,P.C Income Statement For Month Year December 31,2018 Revenues: Service Revenue $ 9,100 Expenses: Salary Expen

$ 192,900 DR.Helen Samosa,P.C Balance sheet December 31,2018 Assets: Cash $ 125,350 Accounts Receivable $ 4,550 Medical Suppl

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