Precision Laser Centres showed the following selected activities during the month of April 2023. Record the journal
Question:
Precision Laser Centres showed the following selected activities during the month of April 2023. Record the journal entries for the following transactions.
April 5 Performed surgery on a customer today and collected $5,200 cash.
8 Purchased surgical supplies on credit; $19,600.
10 Contacted a client’s lawyer today regarding a complaint about the surgery. The client is planning to sue for $100,000.
18 Paid salaries; $47,000.
20 Performed six surgeries today, all on credit; $4,400 each.
21 Paid for the surgical supplies purchased on April 8.
22 Paid the April utilities bill today; $2,100.
29 Collected from four of the credit customers of April 20.
Step by Step Answer:
Fundamental Accounting Principles Volume 1
ISBN: 9781260881325
17th Canadian Edition
Authors: Kermit D. Larson, Heidi Dieckmann, John Harris