Date
Transactions
10 Receives cash of $850 from patients for services performed.
15 Bills patients $11,560 for services performed.
21 Pays JK Enterprises. on account, $7,600.
23 The Board of Directors declares and pays a $3,000 cash
dividend.
26 Receives $2,600 from patients on account.
30 Bills patients $6,890 for services performed.
31 Pays the following expenses in cash: Salaries and wages
$2,500; miscellaneous office expenses $910.
AJE Medical supplies used during the month, $695.
AJE Record depreciation using a 5-year life on the equipment, the
straight-line method, and no salvage value.
Instructions:
Debit
Cash
Acct. Rec.
Accounts Payable
Dividends
Cash
Acct. Rec.
Salaries & Wages Exp.
Supplies Expense
Supplies Expense
Credit
Service Revenue
Service Revenue
Cash
Cash
Acct. Rec.
Service Revenue
Cash
Supplies
Dr. Amt. Cr. Amt.
850
850
11,560
11,560
7,600
7,600
3,000
3,000
2,600
2,600
6,890
6,890
2,500
910
3,410
695
695
112,070
112,070