Using the chart of accounts for Nathan Fox from Problem 11A-2, record the following transactions in the
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2014 May Received $4,000 for patient services. Issued cheque No. 563 to Lane Drug for medical supplies, $700 Issued cheque No. 564 to J. Realty to pay three months' insurance premiums, $1,650. Received payment for patient services, $3,000. Issued the following payroll cheques: 2 2 5 9 15 Employee Cheque No. Abby Slat Jane Reeves 566 Bob Swan Gross Pay IT CPP EI Net Pay $ 900 94 41 $16 749 680 538 $2,300$190 $103 $40 $1,967 565 800 600 70 26 36 26 14 10 567 19 26 27 Issued cheque No. 568 to Lane Drug for medical supplies, $900. Nathan Fox withdrew $400 for personal use, cheque No. 569 Fox sent cheque to CRA relating to payroll of May 13, cheque No. 570. (Don't forget Fox's share of CPP and EL.)
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College Accounting A Practical Approach
ISBN: 978-0132564441
11th Canadian Edition
Authors: Jeffrey Slater, Brian Zwicker
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