Question
Please answer the following questions with a journal entry/entries. You can handwrite them and then scan/take a picture to submit (MUST BE LEGIBLE/I MUST BE
Please answer the following questions with a journal entry/entries. You can handwrite them and then scan/take a picture to submit (MUST BE LEGIBLE/I MUST BE ABLE TO READ WHAT YOU HAVE MADE). You can also type it up in excel or word and submit it that way. 1.)Sandra Bowen is self-employed and does not have healthcare insurance. She was injured in a fall at home and used her savings to pay the hospital bill for her knee operation. She was referred to Southwest Rehabilitation for therapy. Southwest charges $150 for each therapy session, and Ms. Bowen writes a check to pay for the services. Create this journal entry.
2)Central Hospital uses computer software developed by Integrated Accounting Solutions to handle all of the basic accounting functions for the hospital. The software provider notifies the hospital that version 4.0 of the software is now available and that Integrated will no longer support older versions of the software. The charge for the software upgrade is $30,000, and Integrated will accept payment over 12months with no interest. Central Hospital contracts and receives the software upgrade. Prepare the following accounting entry for this purchase:
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