Requirements 1. 2. 3. Post the entries to the ledger, using T-accounts. Key transactions by date. Determine the ending balance in each account. Prepare the trial balance of Dr. Helen Samoa, P.C., at December 31, 2018. From the trial balance, determine total assets, total liabilities, and total stockholders' equity on December 31. Print Done and then click Check Answer. More Info Dec 6 Samoa invested $150,000 in the business, which in turn issued its common stock to her. 9 The business paid cash for land costing $64,000. Samoa plans to build an office building on the land. 12 The business purchased medical supplies for $2,400 on account. 15 Dr. Helen Samoa, P.C., officially opened for business. 15-31. During the rest of the month, Samoa treated patients and earned service revenue of $9,800, receiving cash for half the revenue earned. 15-31 The business paid cash expenses: employee salaries, $3,600; office rent, $900; utilities, $400. 31. The business sold medical supplies to another physician for cost of $1,000 and received cash. 31 The business borrowed $34,000, signing a note payable to the bank. 31 The business paid $1,300 on account. Print Done Reference Journal Entry Debit Accounts and Explanations Date Credit Dec 150,000 6 Cash Common Stock 150,000 Issued stock to owner. Dec 64,000 9 Land Cash 64,000 2,400 Dec 2,400 Dec Dec Purchased land. 12 Medical Supplies Accounts Payable Purchased supplies on account. 15 No entry required 31 (a) Cash Accounts Receivable Service Revenue Performed service for cash and on account. 31 (b) Salary Expense Rent Expense 4,900 4,900 9,800 Dec 3,600 900 Ann Itilitiae ynanca Print Done Dr. Helen Samoa opened a medical practice specializing in physical therapy. During the first mo i (Click the icon to view the events.) (Click the icon to view the journal entries Read the requirements. Dr. Helen Samoa, P.C. Trial Balance December 31, 2018 Balance Account Debit Credit Total Choose from any list or enter any number in the input fields and then click Check Answer. 1 part remaining