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Transactions for Family Health Care for November and December Below are the November transactions: a . On November 1 , received $ 1 , 8
Transactions for Family Health Care for November and December Below are the November transactions: a On November received $ from ILS Co as rent for the use of Family Health Cares land as a temporary parking lot from November through March b On November paid $ for an insurance premium on a year, general business policy. c On November paid $ for an insurance premium on a sixmonth medical malpractice policy. d Dr Landry invested an additional $ in the business in exchange for capital stock. e Purchased supplies for $ on account. f Purchased $ of office equipment. Paid $ cash as a down payment, with the remaining $ due in five monthly installments of $ beginning January st g Provided services of $ to patients on account. h Received $ for services provided to patients who paid cash. i Received $ from insurance companies, which paid on patients accounts for services that have been provided. j Paid $ on account for supplies that had been purchased. k Expenses paid during November were as follows: wages, $ rent, $ utilities, $ interest, $ and miscellaneous, $ l Paid dividends of $ to stockholders Dr Landry Adjustments for the end of November: a Prepaid insurance expired, $ b Supplies used, $ c Depreciation on office equipment, $ d Unearned revenue earned, $ e Wages owed but not paid to employees, $ f Services provide but not billed to insurance companies, $ Prepare an Income Statement, Retained Earnings Statement, and a Balance Sheet
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