On July 31, 2024, Lee Harris, MD, had the following balances in the ledger for his medical
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Question:
On July 31, 2024, Lee Harris, MD, had the following balances in the ledger for his medical practice: Cash $8,830, Accounts Receivable $2,665, Supplies $565, Equipment $15,650, Notes Payable $10,250, Accounts Payable $800, L. Harris, Capital $15,000, L. Harris, Drawings $5,180, Service Revenue $10,530, Rent Expense $1,220, and Salaries Expense $2,470. Transactions during August 2024 follow:
General Journal | |||
---|---|---|---|
Date | Account Titles | Debit | Credit |
2024 | |||
Aug. 1 | Rent Expense | 1,220 | |
Cash | 1,220 | ||
10 | Accounts Payable | 440 | |
Cash | 440 | ||
12 | Cash | 2,120 | |
Accounts Receivable | 2,120 | ||
25 | Salaries Expense | 2,470 | |
Cash | 2,470 | ||
30 | Notes Payable | 470 | |
Interest Expense | 35 | ||
Cash | 505 | ||
31 | Cash | 5,890 | |
Accounts Receivable | 2,750 | ||
Service Revenue | 8,640 | ||
31 | L. Harris, Drawings | 4,520 | |
Cash | 4,520 |
(a)
Create T accounts and enter the July 31 balances.
Cash | |||
---|---|---|---|
choose a transaction date July 31Aug. 1Aug. 10Aug. 12Aug. 25Aug. 30Aug. 31Aug. 31 Bal.what date i have to record in the transaction | enter a debit amount | choose a transaction date July 31Aug. 1Aug. 10Aug. 12Aug. 25Aug. 30Aug. 31Aug. 31 Bal.what date i have to record in the transaction | enter a credit amount |
Accounts Receivable | |||
choose a transaction date July 31Aug. 1Aug. 10Aug. 12Aug. 25Aug. 30Aug. 31Aug. 31 Bal.what date i have to record in the transaction | enter a debit amount | choose a transaction date July 31Aug. 1Aug. 10Aug. 12Aug. 25Aug. 30Aug. 31Aug. 31 Bal.what date i have to record in the transaction | enter a credit amount |
Supplies | |||
choose a transaction date July 31Aug. 1Aug. 10Aug. 12Aug. 25Aug. 30Aug. 31Aug. 31 Bal.what date i have to record in the transaction | enter a debit amount | choose a transaction date July 31Aug. 1Aug. 10Aug. 12Aug. 25Aug. 30Aug. 31Aug. 31 Bal.what date i have to record in the transaction | enter a credit amount |
Equipment | |||
choose a transaction date July 31Aug. 1Aug. 10Aug. 12Aug. 25Aug. 30Aug. 31Aug. 31 Bal.what date i have to record in the transaction | enter a debit amount | choose a transaction date July 31Aug. 1Aug. 10Aug. 12Aug. 25Aug. 30Aug. 31Aug. 31 Bal.what date i have to record in the transaction | enter a credit amount |
Notes Payable | |||
choose a transaction date July 31Aug. 1Aug. 10Aug. 12Aug. 25Aug. 30Aug. 31Aug. 31 Bal.what date i have to record in the transaction | enter a debit amount | choose a transaction date July 31Aug. 1Aug. 10Aug. 12Aug. 25Aug. 30Aug. 31Aug. 31 Bal.what date i have to record in the transaction | enter a credit amount |
Accounts Payable | |||
choose a transaction date July 31Aug. 1Aug. 10Aug. 12Aug. 25Aug. 30Aug. 31Aug. 31 Bal.what date i have to record in the transaction | enter a debit amount | choose a transaction date July 31Aug. 1Aug. 10Aug. 12Aug. 25Aug. 30Aug. 31Aug. 31 Bal.what date i have to record in the transaction | enter a credit amount |
L. Harris, Capital | |||
choose a transaction date July 31Aug. 1Aug. 10Aug. 12Aug. 25Aug. 30Aug. 31Aug. 31 Bal.what date i have to record in the transaction | enter a debit amount | choose a transaction date July 31Aug. 1Aug. 10Aug. 12Aug. 25Aug. 30Aug. 31Aug. 31 Bal.what date i have to record in the transaction | enter a credit amount |
L. Harris, Drawings | |||
choose a transaction date July 31Aug. 1Aug. 10Aug. 12Aug. 25Aug. 30Aug. 31Aug. 31 Bal.what date i have to record in the transaction | enter a debit amount | choose a transaction date July 31Aug. 1Aug. 10Aug. 12Aug. 25Aug. 30Aug. 31Aug. 31 Bal.what date i have to record in the transaction | enter a credit amount |
Service Revenue | |||
choose a transaction date July 31Aug. 1Aug. 10Aug. 12Aug. 25Aug. 30Aug. 31Aug. 31 Bal. | enter a debit amount | choose a transaction date July 31Aug. 1Aug. 10Aug. 12Aug. 25Aug. 30Aug. 31Aug. 31 Bal. | enter a credit amount |
Rent Expense | |||
choose a transaction date July 31Aug. 1Aug. 10Aug. 12Aug. 25Aug. 30Aug. 31Aug. 31 Bal.what date i have to record in the transaction | enter a debit amount | choose a transaction date July 31Aug. 1Aug. 10Aug. 12Aug. 25Aug. 30Aug. 31Aug. 31 Bal.what date i have to record in the transaction | enter a credit amount |
Salaries Expense | |||
choose a transaction date July 31Aug. 1Aug. 10Aug. 12Aug. 25Aug. 30Aug. 31Aug. 31 Bal.what date i have to record in the transaction | enter a debit amount | choose a transaction date July 31Aug. 1Aug. 10Aug. 12Aug. 25Aug. 30Aug. 31Aug. 31 Bal.what date i have to record in the transaction | enter a credit amount |
what date and month i have to record in the transaction.
i don't understand. what ended date and month i have to record.
Related Book For
Accounting Principles
ISBN: 978-1119048503
7th Canadian Edition Volume 1
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
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