J. F. Outz, M.D., has been practicing as a cardiologist for three years. During April 2018, Outz completed the following transactions in her practice of cardiology:

Apr.

1. Paid office rent for April, $800.

3. Purchased equipment on account, $2,100.

5. Received cash on account from patients, $3,150.

8. Purchased X-ray film and other supplies on account, $245.

9. One of the items of equipment purchased on April 3 was defective. It was returned with the permission of the supplier, who agreed to reduce the account for the amount charged for the item, $325.

12. Paid cash to creditors on account, $1,250.

17. Paid cash for renewal of a six-month property insurance policy, $370.

20. Discovered that the balances of the cash account and the accounts payable account as of April 1 were overstated by $200. A payment of that amount to a creditor in March had not been recorded. Journalize the $200 payment as of April 20.

24. Paid cash for laboratory analysis, $545.

27. Dr. Outz withdrew $1,250 for personal use.

30. Recorded the cash received in payment of services to patients during April, $1,720.

30. Paid salaries of receptionists and nurses, $1,725.

30. Paid various utility expenses, $360.

30. Recorded fees charged to patients on account for services performed in April, $5,145.

30. Paid miscellaneous expenses, $132.

Outzs account titles, numbers, and balances as of April 1 (all normal balances) are listed as follows: Cash, 11, $4,123; Accounts Receivable, 12, $6,725; Supplies, 13, $290; Prepaid Insurance, 14, $465; Equipment, 18, $19,745; Accounts Payable, 22, $765; J. F. Outz, Capital, 31, $30,583; J. F. Outz, Drawing, 32, $0; Professional Fees, 41, $0; Salary Expense, 51, $0; Rent Expense, 53, $0; Laboratory Expense, 55, $0; Utilities Expense, 56, $0; Miscellaneous Expense, 59, $0.

Instructions

1. Open a ledger of standard four-column accounts for Dr. Outz as of April 1. Enter the balances in the appropriate balance columns and place a checkmark ( ) in the Posting Reference column. (Hint: Verify the equality of the debit and credit balances in the ledger before proceeding with the next instruction.)

2. Journalize each transaction in a two-column journal.

3. Post the journal to the ledger, extending the balances to the appropriate balance columns after each posting.

4. Prepare an unadjusted trial balance as of April 30.

For this assignment, you are required to do part 2 only just journal entries.