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Dr . Erica Chan, MD owns EC Health Clinic. She prepares annual financial statements and has a December 3 1 , 2 0 2 3
Dr Erica Chan, MD owns EC Health Clinic. She prepares annual financial statements and has a December yearend. a On October Dr Chan prepaid $ for four months of rent. b On November Dr Chan prepaid $ to renew the clinic's magazine subscriptions. The subscription is for one year. c On December Dr Chan pays $ for supplies. At the end of the year, $ of supplies had not been used. Required: For the above transactions, record the initial journal entry and the adjusting entry required on December a Journal entry worksheet Record prepaid rent. Note: Enter debits before credits. b Journal entry worksheet Record a prepaid magazine subscription. Note: Enter debits before credits. Journal entry worksheet Note: Enter debits before credits. b Journal entry worksheet Record the expiration of the magazine subscriptions. Note: Enter debits before credits. Journal entry worksheet Record the purchase of supplies. Note: Enter debits before credits. c Journal entry worksheet Record supplies used. Note: Enter debits before credits. tableDateGeneral Journal,Debit,CreditDec Dr Erica Chan, MD owns EC Health Clinic. She prepares annual financial statements and has a December yearend. On October Dr Chan prepaid $ for four months of rent. On November Dr Chan prepaid $ to renew the clinics magazine subscriptions. The subscription is for one year. On December Dr Chan pays $ for supplies. At the end of the year, $ of supplies had not been used. Required: For
Dr Erica Chan, MD owns EC Health Clinic. She prepares annual financial statements and has a December yearend.
a On October Dr Chan prepaid $ for four months of rent.
b On November Dr Chan prepaid $ to renew the clinic's magazine subscriptions. The subscription is for one year.
c On December Dr Chan pays $ for supplies. At the end of the year, $ of supplies had not been used.
Required:
For the above transactions, record the initial journal entry and the adjusting entry required on December
a
Journal entry worksheet
Record prepaid rent.
Note: Enter debits before credits.
b
Journal entry worksheet
Record a prepaid magazine subscription.
Note: Enter debits before credits.
Journal entry worksheet
Note: Enter debits before credits.
b
Journal entry worksheet
Record the expiration of the magazine subscriptions.
Note: Enter debits before credits. Journal entry worksheet
Record the purchase of supplies.
Note: Enter debits before credits. c
Journal entry worksheet
Record supplies used.
Note: Enter debits before credits.
tableDateGeneral Journal,Debit,CreditDec Dr Erica Chan, MD owns EC Health Clinic. She prepares annual financial statements and has a December yearend. On October Dr Chan prepaid $ for four months of rent. On November Dr Chan prepaid $ to renew the clinics magazine subscriptions. The subscription is for one year. On December Dr Chan pays $ for supplies. At the end of the year, $ of supplies had not been used. Required: For
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