Discussion-Journal-Entries-12-1-1.xlsx - JOURNAL ENTRIES 1-Aug Cash on hand Furniture and Fixtures J Alegre Capital 2,500,000.00 2,500,000.00

Discussion-Journal-Entries-12-1-1.xlsx - JOURNAL ENTRIES...

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JOURNAL ENTRIES: 1-Aug Cash on hand 2,500,000.00 Furniture and Fixtures 2,500,000.00 J. Alegre, Capital 5,000,000.00 2-Aug Medical Equipment 750,000.00 Cash on hand 200,000.00 Notes payable 550,000.00 4-Aug Unused medical supplies 100,000.00 Cash on hand 100,000.00 31-Aug Unused medical supplies 60,000.00 Accounts payable 60,000.00 31-Aug Salaries expense 100,000.00 Cash on hand 100,000.00
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Cash on Hand 1-Aug 2,500,000.00 200,000.00 2-Aug 7-Aug 50,000.00 100,000.00 4-Aug 9-Aug 350,000.00 15,000.00 5-Aug 14-Aug 30,000.00 2,500.00 10-Aug 15-Aug 60,000.00 550,000.00 11-Aug 28-Aug 40,000.00 25,000.00 16-Aug 850,000.00 20-Aug 25,000.00 25-Aug 2,500.00 26-Aug 30,000.00 27-Aug 1,500.00 29-Aug 20,000.00 30-Aug 650,000.00 31-Aug 100,000.00 31-Aug 3,030,000.00 2,571,500.00 458,500.00 Accounts Receivable 7-Aug 60,000.00 60,000.00 15-Aug 14-Aug 10,000.00 28-Aug 70,000.00 140,000.00 60,000.00 80,000.00 Prepaid Insurance 25-Aug 25,000.00 25,000.00 - 25,000.00 Unused Medical Supplies 4-Aug 100,000.00 18-Aug 30,000.00 31-Aug 60,000.00 190,000.00 190,000.00
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Furniture & Fixtures 1-Aug 2,500,000.00 2,500,000.00 - 2,500,000.00 Medical Equipment 2-Aug 750,000.00 750,000.00 - 750,000.00 Ambulance Car 20-Aug 1,500,000.00 1,500,000.00 - 1,500,000.00
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Accounts Payable 26-Aug 2,500.00 30,000.00 18-Aug 2,500.00 23-Aug 60,000.00 31-Aug 2,500.00 92,500.00 90,000.00 Notes Payable 11-Aug 550,000.00 550,000.00 2-Aug 31-Aug 650,000.00 650,000.00 20-Aug 1,200,000.00 1,200,000.00 -
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J. Alegre, Capital 5,000,000.00 1-Aug 350,000.00 9-Aug - 5,350,000.00 5,350,000.00 J. Alegre Drawing 5-Aug 15,000.00 15,000.00 - 15,000.00 Medical Fees Income 110,000.00 7-Aug 40,000.00 14-Aug 110,000.00 28-Aug - 260,000.00
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Unformatted text preview: 260,000.00 Salaries Expense 31-Aug 100,000.00 100,000.00 - 100,000.00 Taxes and Licenses 30-Aug 20,000.00 20,000.00 - 20,000.00 Utilities Expense 27-Aug 30,000.00 30,000.00 - 30,000.00 Gas and Oil 23-Aug 2,500.00 2,500.00 - 2,500.00 Miscellaneous 29-Aug 1,500.00 1,500.00 - 1,500.00 Professional Development Expense 16-Aug 25,000.00 25,000.00 - 25,000.00 Travelling Expense 10-Aug 2,500.00 2,500.00 - 2,500.00 Unadjusted TB Adjustments Account Title Debit Credit Debit Credit Cash on Hand 458,500.00 Accounts Receivable 80,000.00 Prepaid Insurance 25,000.00 Unused Medical Supplies 190,000.00 Furniture & Fixtures 2,500,000.00 Medical Equipment 750,000.00 Ambulance Car 1,500,000.00 Accounts Payable 90,000.00 J. Alegre, Capital 5,350,000.00 J. Alegre Drawing 15,000.00 Medical Fees Income 260,000.00 Salaries Expense 100,000.00 Taxes and Licenses 20,000.00 Utilities Expense 30,000.00 Gas and Oil 2,500.00 Miscellaneous 1,500.00 Professional Development Exp 25,000.00 Travelling Expense 2,500.00 5,700,000.00 5,700,000.00 Adjusted TB Income Statement Balance Sheet Debit Credit Debit Credit Debit Credit 458,500.00 458,500.00 80,000.00 80,000.00 25,000.00 25,000.00 190,000.00 190,000.00 2,500,000.00 2,500,000.00 750,000.00 750,000.00 1,500,000.00 1,500,000.00 90,000.00 90,000.00 5,350,000.00 5,350,000.00 15,000.00 15,000.00 260,000.00 260,000.00 100,000.00 100,000.00 20,000.00 20,000.00 30,000.00 30,000.00 2,500.00 2,500.00 1,500.00 1,500.00 25,000.00 25,000.00 2,500.00 2,500.00 5,700,000.00 5,700,000.00 181,500.00 260,000.00 5,518,500.00 5,440,000.00 Net Income 78,500.00 78,500.00 260,000.00 260,000.00 5,518,500.00 5,518,500.00...
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  • Spring '17
  • Jane Smith

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