252022 -/201 Question 4 of 5 View Policies Current Attempt in Progress On July 31, 2021, Lee Meche, MD, had the followin
Posted: Mon May 30, 2022 7:17 am
- 252022 201 Question 4 Of 5 View Policies Current Attempt In Progress On July 31 2021 Lee Meche Md Had The Followin 1 (28.99 KiB) Viewed 13 times
- 252022 201 Question 4 Of 5 View Policies Current Attempt In Progress On July 31 2021 Lee Meche Md Had The Followin 2 (28.11 KiB) Viewed 13 times
- 252022 201 Question 4 Of 5 View Policies Current Attempt In Progress On July 31 2021 Lee Meche Md Had The Followin 3 (28.11 KiB) Viewed 13 times
- 252022 201 Question 4 Of 5 View Policies Current Attempt In Progress On July 31 2021 Lee Meche Md Had The Followin 4 (25.96 KiB) Viewed 13 times
- 252022 201 Question 4 Of 5 View Policies Current Attempt In Progress On July 31 2021 Lee Meche Md Had The Followin 5 (33.84 KiB) Viewed 13 times
- 252022 201 Question 4 Of 5 View Policies Current Attempt In Progress On July 31 2021 Lee Meche Md Had The Followin 6 (35.92 KiB) Viewed 13 times
- 252022 201 Question 4 Of 5 View Policies Current Attempt In Progress On July 31 2021 Lee Meche Md Had The Followin 7 (31.01 KiB) Viewed 13 times
- 252022 201 Question 4 Of 5 View Policies Current Attempt In Progress On July 31 2021 Lee Meche Md Had The Followin 8 (33.66 KiB) Viewed 13 times
- 252022 201 Question 4 Of 5 View Policies Current Attempt In Progress On July 31 2021 Lee Meche Md Had The Followin 9 (34.67 KiB) Viewed 13 times
- 252022 201 Question 4 Of 5 View Policies Current Attempt In Progress On July 31 2021 Lee Meche Md Had The Followin 10 (32.23 KiB) Viewed 13 times
- 252022 201 Question 4 Of 5 View Policies Current Attempt In Progress On July 31 2021 Lee Meche Md Had The Followin 11 (32.54 KiB) Viewed 13 times
- 252022 201 Question 4 Of 5 View Policies Current Attempt In Progress On July 31 2021 Lee Meche Md Had The Followin 12 (41.73 KiB) Viewed 13 times
On July 31, 2021, Lee Meche, MD, had the following balances in the lediger for his medical practice: Cash $8,940, Accounts Receivable $2,720, Supplies $620, Equipment $16,200, Notes Payable $10,700, Accounts Payable $870, L. Meche, Capital $15,000, L. Meche, Drawings $5,030, Service Revenue $10,160, Rent Expense $1,130, and Salaries Expense $2,090. Transactions during August 2021 follow: General Journal Date Account Titles Debit Credit 2021 Aug. 1 Rent Expense 1,130 Cash 1,130 10 Accounts Payable. 425 Cash 425 12 Cash 2.960 2.960 25 Salaries Expense 2,090 1940 Accounts Receivable ENG 5:46 PM 2007-05-28
12 Cash 25 Salaries Expense Cash 30 Notes Payable Accounts Receivable 2,960 2,090 500 55 Interest Expense Cash 6,040 Accounts Receivable 2,680 Service Revenue 31 L Meche, Drawings 4,860 Cash 31 Cash 2,960 2,090 555 8,720 4.860 -/20 !!! E ⠀
Create T accounts and enter the July 31 balances. Cash Accounts Receivable Supplies Equipment Notes Payable Er
Accounts Payable L. Meche, Capital L. Meche, Drawings Service Revenue Rent Expense Salaries Expense
Post the transactions to the T accounts. (Post entries in the order displayed in the problem statement.) Cash July 31 8,940 Accounts Receivable
July 31 July 31 July 31 Accounts Receivable 2,720 Supplies 620 Equipment 16,200
July 31 16,200 Notes Payable July 31 Accounts Payable July 31 L. Meche, Capital July 31 10,700 870 15.000 -/20 E !!!
July 31 L. Meche, Capital July 31 L. Meche, Drawings 5,030 Service Revenue July 31 15,000 10,160
July 31 July 31 Rent Expense 1,130 Salaries Expense 2,090 Interest Expense 11
> > A LEE MECHE, MD Trial Balance Debit Credit