of acopornting\ th Care Inc, is oumed and operated by Morgan Denby, the sole atocldolder. During Ianuary 20Y6, SLO Health Care entered into the following transactions!\ 1 Received

$13,500

from Glenn Company as rent for the use of a vacant office in SLO Health Care's building. Glenn pald the rent nine months in advance.\ 1 paid

$3,000

for a one- pear general insurance business policy.\ 6 Purchaed supplies of

$900

on accourt.\ Iy 9 Cellectad

$16,000

for services provided to customers on account.\ 1 paid creditons

$2.500

on account.\ B Invested an additional

$5,000

in the burineas in ecchange for common stock\ 20 Billed patients

$26,000

for services provided on account.\ 5 Received

$7,500

for services provided to antomers who paid cash.\ 30 Paid expenses as follovas wages,

$15,500

utilities,

$4,250

rent on med cal equiprnent,

$2,650

interest,

$100

and miscellaneous,

$1,500

.\ 30 Paid dividends of

$4,000

to stockholder (Dc Deniby).\ foctions: falance sheat are as followis:\ n amount box does not require an entry, leave it blank. Enter account decreases and cash outflours as negative amounts using the minus sign.\ pncial Statement Effects\ Balance Sheet\ \\\\table[[ncial Statement Effects,\\\\table[[Assets],[Cash]],\\\\table[[Assets],[Accounts],[+ Receivable]],\\\\table[[Assets],[

,

Prepaid],[

+,

Insurance +]],\\\\table[[Assets],[Supplies]],Balance Sheet,\\\\table[[Liabilities],[Accounts],[Payable]],\\\\table[[Liabilities],[Unearned],[

+,

Revenue]],\\\\table[[Liabilities],[Wages],[

+,

Payable]],\\\\table[[Liabilities],[Notes],[

+,

Payable]],\\\\table[[Steckholders' Equity],[Common],[

+,

Stock]],],[Belances, Jan 1,10,000,22.250,350,500,75,000,

-9,600

,60,000,3.850,0,0,15,000,25,000,118,750],[

( Bolances, Jan 1)/( Lan. 1 Receved rent nevenut )

Wh Care Inc, is owned and operated by Morgan Denby, the sole stockholder. During lanuary 20Y6, SLO Health Care entered into the following transactionsi VI Received \$13.500 from Glenn Company as rent for the use of a vacant office in StO Health Care's building. Glenn paid the rent nine months in sdvance. 1 pad $3,000 for a oneyear general insurance business policy. ry 6 Purchased supplies of $900 on accourt. iry 9 Cellectad $16,000 for services provided to customers on account. II Paid crediters $2,500 on account. Y 18 Invested an additional $5,000 in the burineas in ecchange for common stock ry 20 Billed patients $26,000 for sarvices provided on account. cy 25 Received $7,500 for wervices provided to customers who paid cash. Iry 30 paid expensen as follovar wages, $15,500 utlities, $4,250 rent on medical equiprent, $2,650 interert, $100 and miscellaneous, $1,500. ary 30 Paid dividends of $4,000 to stockholder (Dc Dentby). ructions: salance sheet are as follows