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a. On October 1, 2020, Dr. Chan prepaid $18,100 for four months of rent b. On November 1, 2020, Dr. Chan prepaid $204 to renew
a. On October 1, 2020, Dr. Chan prepaid $18,100 for four months of rent b. On November 1, 2020, Dr. Chan prepaid $204 to renew the clinic's magazine subscriptions. The subscription is for one year. c. On December 1, 2020, Dr. Chan pays $2,325 for supplies. At the end of the year, $1,550 of supplies had not been used. Required: For the above transactions, record the initial journal entry and the adjusting entry required on December 31, 2020. a. View transaction list Journal entry worksheet Record prepaid rent. Note: Enter debits before credits. Date General Journal Debit Credit Oct 01, 2020 Record entry Clear entry View general journal
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