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Dr. Erica Chan, MD owns EC Health Clinic, She prepares annual finaricial stotements and has a December 31,2017 year-end. a. On October 1, 2017, Dr.
Dr. Erica Chan, MD owns EC Health Clinic, She prepares annual finaricial stotements and has a December 31,2017 year-end. a. On October 1, 2017, Dr. Chan prepaid \$10,200 for four months of rent b. On November 1, 2017. Dr. Chan prepaid \$120 to renew the clinic's magazine subscriptions. The subseription is for one year c. On December 1, 2017, Dr. Chan pays $1,800 for supplies. At the end of the year. $1,200 of supplies had not been used Required: For the above transactions, record the initial joumal entry and the adjusting entry required on December 31, 2017. (If no entry is required for a transactionievent. select "No journal entry required" in the linst account field) a. Journal entry worksheet Journal entry worksheet Record a prepaid magazine subscription. Note: Enter dehits berore cracits. Journal entry worksheet 2 Dr. Erica Chan, MD owns EC Health Clinic. She prepares annual financial statements and hos a December 31,2017 year-end. a. On October 1, 2017, Dr. Chan prepsid $10,200 for four months of rent. b. On November 1, 2017, Dr. Chan prepoid $120 to renew the clinic's magazine subscriptions. The subscription is for one yeor. c. On December 1, 2017, Dr. Chan pays $1,800 for supplies. At the end of the year. $1,200 of supplies had not been used. Required: For the above transactions, record the initial journal entry and the adjusting entry required on December 31, 2017. (If no emtry is required for a transactionievent, select "No journal entry required" in the first account field.) Journal entry worksheet Record prepaid rent. Wote: Enter dehits berors eresits
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