Date | Accounts | Debit | Credit |
Jul. 1 | Cash | 69000 | |
Common stock | 69000 | ||
Jul. 5 | Rent expense | 570 | |
Cash | 570 | ||
Jul. 9 | Land | 15000 | |
Cash | 15000 | ||
Jul. 10 | Office supplies | 1200 | |
Accounts payable | 1200 | ||
Jul. 19 | Cash | 32000 | |
Notes payable | 32000 | ||
Jul. 22 | Accounts payable | 1100 | |
Cash | 1100 | ||
Jul. 28 | Advertising expense | 290 | |
Advertising payable | 290 | ||
Jul. 31 | Cash | 7100 | |
Accounts receivable | 5700 | ||
Service revenue | 12800 | ||
Jul. 31 | Salaries expense | 2700 | |
Rent expense | 1200 | ||
Utilities expense | 250 | ||
Cash | 4150 | ||
Jul. 31 | Cash | 1220 | |
Unearned revenue | 1220 | ||
Jul. 31 | Dividends | 7400 | |
Cash | 7400 |
Cash | Accounts Payable | Service Revenue | |||||||||||
Jul. 1 | 69000 | Jul. 5 | 570 | Jul. 22 | 1100 | Jul. 10 | 1200 | Jul. 31 | 12800 | ||||
Jul. 19 | 32000 | Jul. 9 | 15000 | Bal. | 100 | Bal. | 12800 | ||||||
Jul. 31 | 7100 | Jul. 22 | 1100 | ||||||||||
Jul. 31 | 1220 | Jul. 31 | 4150 | Advertising Payable | Salaries Expense | ||||||||
Jul. 31 | 7400 | Jul. 28 | 290 | Jul. 31 | 2700 | ||||||||
Bal. | 81100 | Bal. | 290 | Bal. | 2700 | ||||||||
Accounts Receivable | Unearned Revenue | Rent Expense | |||||||||||
Jul. 31 | 5700 | Jul. 31 | 1220 | Jul. 5 | 570 | ||||||||
Jul. 31 | 1200 | ||||||||||||
Bal. | 5700 | Bal. | 1220 | Bal. | 1770 | ||||||||
Office Supplies | Notes Payable | Utilities Expense | |||||||||||
Jul. 10 | 1200 | Jul. 19 | 32000 | Jul. 31 | 250 | ||||||||
Bal. | 1200 | Bal. | 32000 | Bal. | 250 | ||||||||
Land | Common Stock | Advertising Expense | |||||||||||
Jul. 9 | 15000 | Jul. 1 | 69000 | Jul. 28 | 290 | ||||||||
Bal. | 15000 | Bal. | 69000 | Bal. | 290 | ||||||||
Dividends | |||||||||||||
Jul. 31 | 7400 | ||||||||||||
Bal. | 7400 |
Victor Yang, M.D. | ||
Trial Balance | ||
July 31, 2018 | ||
Account | Debit | Credit |
Cash | 81100 | |
Accounts receivable | 5700 | |
Office Supplies | 1200 | |
Land | 15000 | |
Accounts payable | 100 | |
Advertising payable | 290 | |
Unearned revenue | 1220 | |
Notes payable | 32000 | |
Common stock | 69000 | |
Dividends | 7400 | |
Service revenue | 12800 | |
Salaries expense | 2700 | |
Rent expense | 1770 | |
Utilities expense | 250 | |
Advertising expense | 290 | |
Total | 115410 | 115410 |
More INTO ons are not req in exchange for Jul. 1 Yang contributed $69,000 cash to...
Vincent Yang, M.U. Dunny July, de MC (Click the icon to view the accounts used by the business.) 0 More Info s are not regu exchange for Jul. 1 Yang contributed $69,000 cash to the business in exchange for common stock. 5 Paid monthly rent on medical equipment, $570. 9 Paid $15,000 cash to purchase land to be used in operations. 10 Purchased office supplies on account, $1,200. 19 Borrowed $32,000 from the bank for business use. 22 Paid $1,100...
Jul. 1 Yang contributed $70,000 cash to the business in exchange for capital. 5 Paid monthly rent on medical equipment, $590. 9 Paid $19,000 cash to purchase land to be used in operations. 10 Purchased office supplies on account, $1,500. 19 Borrowed $21,000 from the bank for business use. 22 Paid $900 on account. 28 The business received a bill for advertising in the daily newspaper to be paid in August, $260. 31 Revenues earned during the month included $6,800...
* More Info (CI Vincent Yang practices medicine under the business title Vincent Yang, M. D. During July, the medical practice completed the following transactions: (Click the icon to view the transactions.) Read tt Requirement 1. Journalize each transaction. Explanations are not required. (Record debits first, then credits. Exclude explanations July 1: Yang contributed $66,000 cash to the business in exchange for capital. Date Accounts Debit Credit Jul. 1 Jul. 1 Yang contributed $66,000 cash to the business in exchange...
pls help asap Victor Young practices medicine under the business title Victor Young, M.D. During July, the medical practice completed the following transactions: i (Click the icon to view the transactions.) i (Click the icon to view the accounts used by the business.) Read the requirements. Requirement 1. Joumalize each transaction. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries.) July 1: Young contributed $67,000 cash to the business in exchange for common stock Date...
practices medicine under the business title M. D. During July, the medical practice - following transactions: icon to view the transactions.) (Click the icon to view the company accounts.) Read the requirements. More Info Jul, 1 Yardley contributed $70,000 cash to the business in exchange for capital. 5 Paid monthly rent on medical equipment, $540. 9 Paid $14,000 cash to purchase land to be used in operations. 10 Purchased office supplies on account, $1,700. 19 Borrowed $27,000 from the bank...
stati Que 0 More Info ons: medicine view the ournal entrie nalize ed ed $63,0 Jul. 1 York contributed $63,000 cash to the business in exchange for common stock. 5 Paid monthly rent on medical equipment, $510. 9 Paid $23,000 cash to purchase land to be used in operations. 10 Purchased office supplies on account, $1,600. 19 Borrowed $22,000 from the bank for business use. 22 Paid $1,100 on account. 28 The business received a bill for advertising in the...
acc Read the requirements. July 10: Purchased office supplies on account, $1,900. Accounts Date Jul. 10Office Supplies Accounts Payable July 19: Borrowed $20,000 from the bank for business use. Date Accounts Jul. 19 July 22: Paid $1,800 on account Date Accounts Choose from any list or enter any number in the input fields and then contin
ACCT 200 - SPRING 2020 Quiz: MAL Quiz 2 This Question: 17 pts Joseph Wilmot practices medicine under the business title Joseph Wilmot, M. D. During July, the medica A (Click the icon to view the transactions.) A (Click the icon to view the accounts used t Read the requirements. Requirement 1. Journalize each transaction. Explanations are not required. (Record debits first, then cre July 1: Wilmot contributed $69,000 cash to the business in exchange for common stock. Date Accounts...
Please need help! During July, Smith Veterinary Clinic Ltd. completed the following transactions: (Click the icon to view the transactions.) The clinic uses the following accounts: Cash, Accounts Receivable, Supplies, Land, Accounts Payable, Notes Payable, Common Shares, Dividends, Service Revenue, Salary Expense, Rent Expense, Utilities Expense, and Advertising Expense. Required 1. Journalize each transaction of Smith Veterinary Clinic Ltd. Explanations are not required. 2. Post to these T-accounts: Cash, Accounts Payable, and Notes Payable. 3. After these transactions, how much...
create 1 journal entry for each date (12 total entries) More Info Oct 2 Gagne Services received $65,000 cash and issued common stock to the stockholders. 3 Purchased supplies, $600, and equipment, $12,100, on account. 4 Performed services for a customer and received cash, $5,500. 7 Paid cash to acquire land, $37,000. 11 Performed services for a customer and billed the customer, $4,300. Gagne expects to collect within one month. 16 Paid for the equipment purchased October 3 on account....