Question: 3. Create a journal entry and a T-account entry for each of the following transactions: a. $30,000 worth of supplies purchased with cash b. $10,000

 3. Create a journal entry and a T-account entry for each

of the following transactions: a. $30,000 worth of supplies purchased with cash

3. Create a journal entry and a T-account entry for each of the following transactions: a. $30,000 worth of supplies purchased with cash b. $10,000 worth of supplies used to provide clients with goods and services c. Wages due to employees that had been previously recorded as a liability now paid in cash in the amount of $50,000 d. Bills submitted to insurance companies in the amount of $90,000 for services rendered to patients e. Cash payments of $60,000 received for services previously provided and billed f. $5,000 worth of additional supplies purchased on account See Excel Worksheet)

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