B PROBLEMS P3-1B (L04,6,7) (Transactions, Financial Statements-Service Company) Listed below are the transactions of Rook Medical, for the month of March March 1 Rook begins practice as a family practitioner and invests $50,000 cash. 1 Purchases medical equipment on account from JK Enterprises for $22.800 3 Pays rent for office space, 51,500 for the month. 3 Employs a receptionist, Michelle Kwin. Purchases medical supplies for cash, S1,165. 10 Receives cash of 5850 from patients for services performed 15 Bills patients $11,560 for services performed 21 Pays JK Enterprises, on account, $7,600. 23 Withdraws $3,000 cash from the business for personal use 26 Receives $2.600 from patients on account. 30 Bills patients 56,890 for services performed 31 Pays the following expenses in cash: Salaries and wages $2.500 miscellaneous office expenses 5910 31 Medical supplies used during the month. 5695 Instructions (a) Enter the transactions shown above in appropriate general ledger accounts (use T-accounts). Use the following ledger accounts: Cash, Accounts Receivable Supplies, Equipment, Accumulated Depreciation Equipment, Accounts Pay. able. Owner's Capital, Service Revenue, Rent Expense, Office Expense, Salaries and Wages Expense Supplies Expense, Depreciation Expense, and Income Summary. Allow 10 lines for the Cash and Income Summary accounts, and 5 lines for each of the other accounts needed. Record depreciation using a 5-year life on the equipment, the straight-line method, and no salvage value. Do not use a drawing account (b) Prepare a trial balance. (c) Prepare an income statement, a statement of owner's equity, and an unclassified balance sheet (d) Close the ledger (e) l'repare a post-closing trial balance P3-2B (L05,6) (Adjusting Entries and Financial Statements) Palm Travel Agency was founded in January 2013. Presented