Homework Answers
JOURNAL ENTRIES IN THE BOOKS OF TRONT WRIGHT MD
| DATE | ACCOUNTS AND EXPLANATION | DEBIT | CREDIT |
| JAN 1 | Cash | $ 38,000 | |
| common stock | $ 38,000 | ||
| ( Started business by issuing common stock for cash) | |||
| JAN 2 | Supplies on hand | $ 18,000 | |
| Accounts payable | $ 18,000 | ||
| ( Purchased medical supplies on account) | |||
| JAN 4 | Cash | $ 1,600 | |
| Services revenue | $ 1,600 | ||
| ( Performed services for patients and cash received ) | |||
| JAN 12 | Office rent | $ 2,700 | |
| Cash | $ 2,700 | ||
| ( Office rent paid in cash ) | |||
| JAN 15 | Accounts receivable | $ 7000 | |
| Services revenue | $ 7000 | ||
| ( Revenue for services rendered to patients on account) |
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ACG 2021 Sec 654-Petty Homework: Homework CH2 Score: 0 of 5 pts S2-5 (similar to (Click...
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AFAP
John Daniel opened a medical practice in Sacramento, California, and had the following transactions during the month of January: (Click the icon to view the January transactions.) Journalize the transactions of John Daniel, M.D. Include an explanation with each entry. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Jan. 1: The business received $34,000 cash and issued common stock to Daniel. Date Accounts and Explanation Jan. 1 Debit Credit More...
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ACG 2021 Sec 654-Petty Homework: Homework CH2 Score: 1.5 of 5 pts & S2-3 (book/static) For each account, identify whether the normal balance is a debit (DR) or credit (CR) a. Notes Payable b. Dividends c. Service Revenue d. Land e. Unearned Revenue t Common Stock CR DR CR
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Score: 0 of 5 pts S2-5 (similar to) Lance Smith opened a medical practice in Stockton, California, and had the following transactions during the month of January (Click the icon to view the January transactions.) Journalize the transactions of Lance Smith, M.D. Include an explanation with each entry. (Record debits first, then credits. Select th Jan. 1: The business received $28,000 cash and issued common stock to Smith Date Accounts and Explanation Jan. 1 Debit Credit 0 More Info Jan....
rest Jan. 1: The business received $38,000 cash and issued common stock to Smith. Date Accounts and Explanation Jan. 1 Debit Credit eived * More Info Jan. 1 The business received $38,000 cash and issued common stock to Smith. 2 Purchased medical supplies on account, $19,000. 4 Performed services for patients receiving $1,400. 12 Paid monthly office rent of $2,700. 15 Recorded $7,000 revenue for services rendered to patients on account. Print Done
AFAP
John Daniel opened a medical practice in Sacramento, California, and had the following transactions during the month of January: (Click the icon to view the January transactions.) Journalize the transactions of John Daniel, M.D. Include an explanation with each entry. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Jan. 1: The business received $34,000 cash and issued common stock to Daniel. Date Accounts and Explanation Jan. 1 Debit Credit More...
Homework: Ch 2 Homework Save Score: 0 of 3 pts 4 of 7 (3 complete) HW Score: 23.28%, 4.66 of 20 pts P2-67B (similar to) Question Help During the first month of operations (January 2018). Stubbs Music Services Corporation completed the following selected transactions: i (Click the icon to view the transaction data.) Read the requirements Requirement 1. Record each transaction directly in the T-accounts without using a journal. Use the letters to identify the transactions. Determine the ending balance...
Fill in with the info given.
Save Homework: Chapter 3 part B homework Score: 0 of 1 pt 1 of 8 (0 complete) E3-21 (similar to) HW Score: 0%, 0 of 9 pts Question Help Consider the following situations: i (Click the icon to view the situations.) Assume the company records adjusting entries monthly. Journalize the adjusting entries needed as of January 31. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.)...
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Homework: Unit 1 Assignment 1 Score: 0 of B pts Hw Score: 60%, 24 of 40 pts g with the transaction on the 1st. For each transaction that follows the transaction on the 1st, calculate the balance in each account after analyzing its effect on th lem statement. (Complete only the necessary answer boxes for your transaction lines. (Do not enter any zeros for your transaction lines.] Carry down all balances ith a minus sign or are theses Abbreviations used:...
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