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The following items and their corresponding amounts appeared in the accounting records of Booth Dental Practice on 31 December 20X1: Accounts receivable Accounts payable Building
The following items and their corresponding amounts appeared in the accounting records of Booth Dental Practice on 31 December 20X1: Accounts receivable Accounts payable Building (net) Cash Delivery equipment (net) Inventory L. Booth, capital Mortgage payable (due 1/9/20X3) GST control (credit balance) Marketable securities Notes payable (due 1/10/20X2) PAYG tax payable Office supplies Land Notes receivable (due 31/12/20X3) Uffice equipment (net) Prepaid insurance Notes payable (due 31/12/20X5) Interest payable (due 1/10/20X2) Unearned revenue Investment in government bonds (due 31/12/20X7) Salaries payable $ 14700 8700 72000 8700 30000 22 500 106 200 72 000 15000 6000 30 000 4500 7800 18000 21 000 19 200 5100 33 000 3000 9000 60 000 3600
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