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Question 2 Cash 52,000 Medical equipment 30,000 Dr. Aquino, withdrawal 10,000 Salary expense 2,000 Rent expense 15,000 Dr. Aquino, capital 80,000 Medical supplies 2,000 Notes
Question 2 Cash 52,000 Medical equipment 30,000 Dr. Aquino, withdrawal 10,000 Salary expense 2,000 Rent expense 15,000 Dr. Aquino, capital 80,000 Medical supplies 2,000 Notes receivable 20,000 Furniture and fixtures 10,000 Medical Fee Revenue 52,000 Telephone expense 3,000 X-ray machine 75,000 Electricity expense 2,000 Accounts receivable 15,000 Accounts payable 3,000 Medical supplies expenses 2,000 Dr. Aquino,add'l capital 75,000 Surgical Fee Revenue 35,000 Unearned revenue 2,000 Prepaid expense 4,000 Bad debts 4,000 Repairs and Maintenance 1,000 Question 2 Cash 52,000 Medical equipment 30,000 Dr. Aquino, withdrawal 10,000 Salary expense 2,000 Rent expense 15,000 Dr. Aquino, capital 80,000 Medical supplies 2,000 Notes receivable 20,000 Furniture and fixtures 10,000 Medical Fee Revenue 52,000 Telephone expense 3,000 X-ray machine 75,000 Electricity expense 2,000 Accounts receivable 15,000 Accounts payable 3,000 Medical supplies expenses 2,000 Dr. Aquino,add'l capital 75,000 Surgical Fee Revenue 35,000 Unearned revenue 2,000 Prepaid expense 4,000 Bad debts 4,000 Repairs and Maintenance 1,000
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