The chart of accounts of E. L. Thompson, M.D., is as follows:

Dr. Thompson completed the following transactions during November:
Nov. 1 Paid office rent for the month, $600.
2 Bought laboratory equipment from Guy Company on account, $930.
3 Bought bandages and other supplies on account from Dow Com¬
pany, $82.72.
5 Received cash on account from patients, $2,900.
7 Paid cash to Hoyt Surgical Supply (a creditor) on account, $1,264.
9 Received and paid bill for laboratory analyses, $262.50.
10 Billed patients on account for professional services rendered, $2,130.
12 Paid cash for premium on a one-year property insurance policy, $137.
15 Part of the laboratory equipment purchased on November 2 was defective. Returned the equipment and received a reduction in the bill, $64.
16 Received cash for professional services, $390.
29 Paid monthly salary of part-time nurse, $1,050.
30 Received and paid telephone bill for the month, $72.
30 Billed patients on account for professional services rendered, $1,480.
30 Dr. Thompson withdrew $1,520 in cash for personal use.
Instructions 1. Journalize the transactions for November beginning with page 21.
2. Post the entries to the ledger accounts. (Because the professional enterprise was in operation previously, the balances have been recorded in the ledger accounts. A check mark has been placed in the Post. Ref. column to represent the various pages of the journal from which the entries were posted.) Record the owner’s name beside the Capital and Drawing accounts.
3. Prepare a trial balance as of November 30.

Instructions for General Ledger Software 1. Journalize the transactions in the general journal.
2. Post the entries to the general ledger.
3. Print a trial balance as of November 30.

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Assets 111 Cash 113 Accounts Receivable 115 Supplies 117 Prepaid Insurance 124 Equipment Liabilities 221 Accounts Payable Owner's Equity 311 E. L. Thompson, Capital 312 E. L. Thompson, Drawing Revenue 411 Professional Fees Expenses 511 Salary Expense 512 Laboratory Expense 513 Rent Expense 514 Utilities Expense