Part IV. Interpret the following journal entries Dr Cr

1 Prepaid Insurance $5,000.00 Cash $5,000.00 Answer

2 Wage expense $6,000.00 Cash $6,000.00 Answer

3 Patient Receivable $10,000.00 Patient Revenue $10,000.00 Answer

4 Medical Supplies $11,000.00 Accounts Payable $11,000.00 Answer

5 Accounts Payable $4,000.00 Cash $4,000.00