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Oct. 1 The clinic issued 5,000 additional shares of capital stock to Doctor Soges at $60 per share. Oct. 4 The clinic purchased diagnostic equipment.
Oct. 1 | The clinic issued 5,000 additional shares of capital stock to Doctor Soges at $60 per share. |
Oct. 4 | The clinic purchased diagnostic equipment. The equipment cost $250,000, of which $100,000 was paid in cash; a note payable was issued for the balance. |
Oct. 12 | Issued a check for $6,000 in full payment of an account payable to Zeller Laboratories. |
Oct. 19 | Purchased surgical supplies for $4,000. Payment is not due until November 28. |
Oct. 25 | Collected a $80,000 account receivable from Health One Insurance Company. |
Oct. 30 | Declared and paid a $500,000 cash dividend to stockholders. |
Record the above selected transactions in general journal form for Quantum Clinic, Inc |
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