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please answer fast. requirments attached Accounts Receivable 4,650 Service Revenue 9,300 Performed service for cash and on account Oct 31 (b) Salary Expense Rent Expense
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Accounts Receivable 4,650 Service Revenue 9,300 Performed service for cash and on account Oct 31 (b) Salary Expense Rent Expense Utilities Expense Cash 2,6001,0001,2004,800 Paid expenses Oct 31 (c) Cash 400 Medical Supplies 400 Sold supplies. 31 (d) Cash 36,000 Note Payable 36,000 Borrowed money. Oct 31 (e) Accounts Payable 1,500 Cash 1,500 Paid on account. Oct 6 Beard invested $142,000 in the business, which in turn issued its common stock to her. 9 The business paid cash for land costing $57,000. Beard plans to build an office building on the land. 12 The business purchased medical suhplies for $1,700 on account 15 Dr. Sarah Beard, P.C., officially opened for business. 15-31 During the rest of the month, Beard treated patients and earned service revenue of $9,300, receiving cash for half the revenue earned. 15-31 The business paid cash expenses: employee salaries, $2,600; office rent, $1,000; utilities, $1,200. 31 The business sold medical supplies to another physician for cost of $400 and received cash. 31 The business borrowed $36,000, signing a note payable to the bank. 31 The business paid $1,500 on account Dr. Sarah Beard opened a medical practice specializing in physical therapy. During the first month of operation (October), the business, titled Dr. Sarah Beard, Professional Corporation (P.C), experienced the following events (Click the icon to view the events.) (Click the icon to view the journal entries.) Read the requirements. Requirement 1. Post the entries to the ledger, using T-accounts. Key transactions by date. Determine the ending balance in each account (Record transactions from the 15-31 of the month as occurring on the last day of the month) Calculate the balance for each account and enter it on the appropriate side of each T-account. Requirement 2. Prepare the trial balance of Dr. Sarah Beard, P.C., at October 31, 2018 Review the T-accounts prepared in a previous step Requirement 2. Prepare the trial balance of Dr. Sarah Beard, P.C., at October 31, 2018 Review the T-accounts prepared in a previous step. Requirement 3. From the trial balance, determine total assets, total liabilities, and total stockholders' equity on October 31 requirments attached
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