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Current Attempt in Progress Izabela Sunland opened a medical office under the name Izabela Sunland, MD, on August 1, 2021. On August 31, the balance
Current Attempt in Progress Izabela Sunland opened a medical office under the name Izabela Sunland, MD, on August 1, 2021. On August 31, the balance sheet showed Cash $3.000: Accounts Receivable $2.000; Supplies 5517. Equipment 57.100 Accounts Payable $4.810; Note Payable $3.000, and I. Sunland, Capital, $4,807. During September the following transactions occurred: Sept. 4 Collected $1.200 of accounts receivable 5 Provided services of $10,835, of which $7.100 was collected from patients and the remainder was on account. 7 Paid $1.400 on accounts payable. 12 Purchased additional equipment for $2.590, paying $884 cash and leaving the balance on account. 15 Paid salaries, 54,300rent for September, $1.985; and advertising expenses. $205. 18 Collected the balance of the accounts receivable from August 31. 20 Withdrew 5725 for personal use. 26 Borrowed $3,000 from the Bank of Montreal on a note payable. 28 Signed a contract to provide medical services, not covered under the government health plan, to employees of CRS Corp. in October for $5.000. CRS Corp. will pay the amount owing after the medical services have been provided. 29 Received the telephone bill for September, $345. 30 Billed the government $10,600 for services provided to patients in September. Beginning with the August 31 balances prepare a tabular analysis of the effects of the September transactions on the accounting equation of a transaction causes decrease in Assets. Llobites or Owners Egipca heutive sign for parentheses in front of the amount entered for the particular Asset ability or Equityter that was reduced See ilustration 1-13 for comple) Liabilities Cash Accounts Receivable Notes Payable Accounts Payable Sunland, Capital Bals 3000 3000 $ Sept. 4 1369 6000 Prepare an income statement for September IZABELA SUNLAND, MD Income Statement e Textbook and Media Prepare a statement bestems that increase owner's equity first IZABELA SUNLAND, MD Statement of Owner's Equity eTextbook and Media Prepare a balance sheet at September 30. List Assets in order IZABELA SUNLAND, MD Balance Sheet Liabilities and Owner's Equity Prepare a balance sheet at September 30. (List Assets in order of liquidity) IZABELA SUNLAND, MD Balance Sheet Liabilities and Owner's Equity e Textbook and Media
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