Problem #19 Journalizing. Posting and Preparing a Trial Balance On Mar. 1, 2010, Samuel Barbo, a recent medical board topnotcher, started his medical practice. During the month of March, the following transactions were completed: Mar. 1 Barbo invested P42, 500 personal funds in a new bank account in the name of Samuel Barbo, M.D. Acquired medical equipment costing P95, 000 from Tambilo Medical Equipment Company, paying P15, 000 in cash, and financing the remainder by issuing = P80, 000 note payable. Paid rent for the month of March P7, 500. Acquired medical supplies from Suiza Medical Supply Company on account, P15, 250. Received P18, 450 in cash from patients for medical services rendered this week. 9 Paid Pablo Labs for preparing laboratory work on a patient, pl, 800. 12 Paid salaries of medical technician and receptionist, P9, 600. 15 Billed patients P51, 700 for services rendered. 17 Paid Suiza Medical Supply Company p3, 750 on account. 20 Paid telephone expense, P850. 21 Paid miscellaneous expense, P1, 150. 22 Received P27, 500 from patients billed on Mar. 15. 23 Acquired additional medical supplies from Suiza Medical Supply Company on account, P9, 100