Adjustment data for San Mateo Health Care Inc. for January are as follows: Insurance expired, $900. Supplies on hand on January 31, $1,200. Depreciation on building, $2,300. Unearned rent revenue earned, $3,000. Wages owed employees but not paid, $2,900. Services provided but not billed to patients, $5,000. Instructions Based on the transactions recorded in January for Problem 3-1, record the adjustments for January using the integrated financial statement framework.

Jan. 1 Received $27,000 from Hillard Company as rent for the use of a vacant office in San Mateo Health Care's building. Hillard paid the rent nine months in advance. 1 Paid $6,000 for a one-year general insurance business policy. Purchased supplies of $1,800 on account. 6 9 Collected $32,000 for services provided to customers on account. 11 Paid creditors $5,000 on account. 18 Invested an additional $10,000 in the business in exchange for common stock. Billed patients $52,000 for services provided on account. 20 25 Received $15,000 for services provided to customers who paid cash. 30 Paid expenses as follows: wages, $31,000; utilities, $8,500; rent on medical equipment, $5,300; interest, $200; and miscellaneous, $3,000. Paid dividends of $8,000 to stockholder (Dr. Fields). 30 Assets Liabilities + Stockholders' Equity Accts. Pre. . Accts. Un Wages Notes Common Retained Cash + Rec. + Ins. + Supp. + Building - Depr. + Land - Pay. + Rev. + Pay. + Pay. + Stock + Earnings Bal., Jan.1 20,000 44,500 700 1,200 150,000 (11,200) 120,000 7,700 0 0 30,000 50,000 237,500