Ella Kates founded Health-Plus Clinic as a medical clinic that started operations in January 2018.

Consider thefollowing opening balances as of January 1, 2019:

Cash $15,000 Prepaid Rent $6,000 Prepaid Insurance $5,000 Equipment $30,000 Accounts Payable $3,000 Bank Loan $10,000 Common Shares $23,000 Retained Earnings $20,000

A) Journalize the following transactions that occurred during the month of January:

1. Purchased plane tickets with $1,500 cash; the plane tickets were used to attend a business conference 2. Paid $3,000 cash to reduce the balance of accounts payable 3. The owner invested $5,000 additional cash in the company 4. Purchased $4,000 worth of equipment with a bank loan 5. Paid $1,000 cash for maintenance expenses 6. Earned $15,000 revenue from patients on a cash basis 7. Received a $900 bill for utilities used during the month; a cheque was issued to pay the bill immediately 8. Recognized $2,000 of prepaid rent as an expense 9. Paid $100 interest for the month with cash 10. Paid $4,000 in monthly salaries to all medical practitioners and clinic personnel 11. Received $2,000 cash from one of its clients for services to be provided in March 12. The owner withdrew $2,000 cash from the business to pay for personal expenses

You can use the template that has been provided in Moodle called Final Exam - Long Answer Template to help you with your t-accounts but you must answer your questions in the space provided in Moodle.

HERE IS THE LIST OF ACCOUNTs YOU MUST USE (CANNOT USE ANY OTHER ACCOUNTS):

CASH UNEARNED REVENUE MAINTENANCE EXPENSE PREPAID RENT RETAINED EARNINGS UTILITIES EXPENSE PREPAID INSURANCE COMMON SHARES RENT EXPENSE EQUIPMENT DIVIDENDS INTEREST EXPENSE ACCOUNTS PAYABLE SERVICE REVENUE SALARIES EXPENSE BANK LOAN TRAVEL EXPENSE

DO NOT MAKE ANY ADJUSTING ENTRIES OR CLOSING ENTRIES IN THIS QUESTION!!!