JF Outz, MD, has been a cardiologist for three years. During April 2018, Outz completed the following transactions in his cardiology practice:

Apr.

1. He paid rent for the office in April, $800.

3. Equipment purchased on account, $2,100.

5. Received cash on patient account, $3,150.

8. Purchased radiographic 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 vendor, who agreed to reduce the bill by the amount charged for the item, $325.

12. He paid cash to creditors on account, $1,250.

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

20. You discovered that the cash account and accounts payable account balances as of April 1 were overstated by $200. There had been no recorded payment of that amount to a creditor in March. Journalize the $200 payment beginning April 20.

24. Paid cash for lab work, $545.

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

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

30. Salaries paid for receptionists and nurses, $1,725.

30. Paid various utility bills, $360.

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

30. Miscellaneous expenses paid, $132.

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

Instructions

1. Open a standard four-column account ledger for Dr. Outz as of April 1. Enter the balances in the appropriate balance columns and place a check mark ( ̧) in the Posting Reference column. (Hint: Check the equality of the debit and credit balances in the general ledger before continuing with the next statement.)

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

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

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

For this task, you need to do part 2 only journal entries only.