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Vito Yarwood practises medicine under the business title Vito Yarwood, MD. During March, the medical practice completed the transactions provided. (Click the icon to view
Vito Yarwood practises medicine under the business title Vito Yarwood, MD. During March, the medical practice completed the transactions provided. (Click the icon to view the transactions.) The business uses the following accounts: Cash; Accounts Receivable; Office Supplies: Land; Accounts Payable; Unearned Revenue; Note Payable; V. Yarwood, Capital; V. Yarwood, Withdrawals; Service Revenue; Salaries Expense; Rent Expense; Utilities Expense; and Advertising Expense. Required Journalize each transaction. Explanations are not required. Requirement 1. Joumalize each transaction. Explanations are not required. (Record debits first, and then credits. Exclude explanations from journal entries.) March 1: Yarwood contributed $67.000 cash to the business in exchange for capital Date Accounts Debit Credit Transactions Mar. 1 March 5: Paid monthly rent on medical equipment, $580. Date Accounts Debit Credit Mar. 5 Mar. 1 Yarwood contributed $67,000 cash to the business in exchange for capital. 5 Paid monthly rent on medical equipment, $580. 9 Paid S17,000 cash to purchase land to be used in operations. 10 Purchased office supplies on account, $1,300. 19 Borrowed $29,000 from the bank for business use by signing a note payable. 22 Paid S1,000 on account 28 The business received a bill for advertising in the daily newspaper to be paid in April. $230. 31 Revenues earned during the month included $7,100 cash and $6,200 on account. Paid employees' salaries $2,150, office rent $1,600, and utilities $340. 31 Record as a compound entry 31 The business received $1,010 for medical screening services to be performed next month. 31 Yarwood withdrew cash of $8,800. March 9: Paid $17,000 cash to purchase land to be used in operations. Date Accounts Debit Credit Mar. 9 Choose from any list or enter any number in the input fields and then continue to the next question. Print Done ? Vito Yarwood practises medicine under the business title Vito Yarwood, MD. During March, the medical practice completed the transactions provided. Click the icon to view the transactions.) The business uses the following accounts: Cash; Accounts Receivable: Office Supplies; Land: Accounts Payable; Unearned Revenue; Note Payable; V. Yarwood, Capital; V. Yarwood, Withdrawals; Service Revenue; Salaries Expense; Rent Expense; Utilities Expense; and Advertising Expense. Required Journalize each transaction. Explanations are not required. March 9: Paid $17,000 cash to purchase land to be used in operations. Date Accounts Debit Credit Mar. 9 March 10: Purchased office supplies on account, $1,300 Date Accounts Debit Credit Mar. 10 March 19: Borrowed $29,000 from the bank for business use by signing a note payable Date Accounts Debit Credit Mar. 19 Choose from any list or enter any number in the input fields and then continue to the next question. ? Vito Yarwood practises medicine under the business title Vito Yarwood, MD. During March, the medical practice completed the transactions provided. Click the icon to view the transactions.) The business uses the following accounts: Cash; Accounts Receivable: Office Supplies; Land: Accounts Payable; Unearned Revenue; Note Payable: V. Yarwood, Capital; V. Yarwood, Withdrawals; Service Revenue: Salaries Expense: Rent Expense; Utilities Expense; and Advertising Expense Required Journalize each transaction. Explanations are not required. March 19: Borrowed $29,000 from the bank for business use by signing a note payable, Date Accounts Debit Credit Mar 19 March 22: Paid $1,000 on account. Date Accounts Debit Credit Mar. 22 March 28: The business received a bill advertising in the daily newspaper to be paid in April, $230. Date Accounts Debit Credit Mar. 28 Choose from any list or enter any number in the input fields and then continue to the next question. ? O Vito Yarwood practises medicine under the business title Vito Yarwood, MD. During March, the medical practice completed the transactions provided. Click the icon to view the transactions.) The business uses the following accounts: Cash; Accounts Receivable, Office Supplies; Land: Accounts Payable; Unearned Revenue; Note Payable; V. Yarwood, Capital; V. Yarwood, Withdrawals, Service Revenue: Salaries Expense: Rent Expense; Utilities Expense; and Advertising Expense. Required Journalize each transaction. Explanations are not required. March 31: Revenues eamed during the month included $7,100 cash and S6,200 on account Record as a compound entry Date Accounts Debit Credit Mar. 31 March 31: Paid employees' salaries $2,150, office rent $1,600, and utilities $340. Record these entries as a compound entry. Date Accounts Debit Credit Mar. 31 March 31: The business received $1,010 for medical screening services to be performed next month. Date Accounts Debit Credit Mar. 31 Choose from any list or enter any number in the input fields and then continue to the next question. ? o Vito Yarwood practises medicine under the business title Vito Yarwood, MD. During March, the medical practice completed the transactions provided. (Click the icon to view the transactions.) The business uses the following accounts: Cash; Accounts Receivable: Office Supplies: Land: Accounts Payable; Uneared Revenue: Note Payable; V. Yarwood, Capital; V. Yarwood, Withdrawals; Service Revenue: Salaries Expense: Rent Expense; Utilities Expense; and Advertising Expense. Required Journalize each transaction. Explanations are not required. WORLD Mar. 31 March 31: The business received $1,010 for medical screening services to be performed next month. Date Accounts Debit Credit Mar. 31 March 31: Yarwood withdrew cash of $6,800. Date Accounts Debit Credit Mar. 31 Choose from any list or enter any number in the input fields and then continue to the next
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