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John Scott opened a medical practice in San Diego, California, and had the following transactions during the month of January. i (Click the icon to
John Scott opened a medical practice in San Diego, California, and had the following transactions during the month of January. i (Click the icon to view the January transactions.) Journalize the transactions of John Scott, M.D. Include an explanation with each entry. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Jan. 1: The business received $30,000 cash and issued common stock to Scott. More Info Date Accounts and Explanation Debit Credit Jan. 1 Jan. 1 The business received $30,000 cash and issued common stock to Scott. 2 Purchased medical supplies on account, $20,000. 4 Performed services for patients receiving $2,100. 12 Paid monthly office rent of $2,700. 15 Recorded $9,000 revenue for services rendered to patients on account. Jan. 2: Purchased medical supplies on account, $20,000. Date Accounts and Explanation Debit Credit Jan. 2 Print Print Done Done] Jan. 4: Performed services for patients receiving $2,100. Accounts and Explanation Debit Credit Jan. 4 Jan. 12: Paid monthly office rent of $2,700. Date Accounts and Explanation Debit Credit Jan. 12 Jan. 15: Recorded $9,000 revenue for services rendered to patients on account. Date Accounts and Explanation Debit Credit Jan. 15
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