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The following are the financial transactions for an undisclosed Medical Center, a non profit organization, during January 1, 20X9 to December 31, 20X9. Record each
The following are the financial transactions for an undisclosed Medical Center, a non profit organization, during January 1, 20X9 to December 31, 20X9.
Record each transaction in the journal using the T-account provided. Assume the clinic is on the accrual basis of accounting.
On January 31, 20X9, the center paid $2,100,000 in cash toward labor expense.
\begin{tabular}{|c|c|c|c|} \hline \multicolumn{2}{|l|}{ General Journals } \\ \hline Date & Details & Debit (Dr) & Credit (Cr) \\ \hline & & & \\ \hline \multicolumn{2}{|c|}{ Description: } & & \\ \hline \end{tabular}
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