wakefield home is a private not-for-profit health care organization offering services for a fee. In the first quarter of 2013, wakefield home rendered services of $300,000 to patients of this amount 75% will be paid by patients, and $25,000 will be adjusted based on estimated insureance agreements. the remaining amount is to be paid by thrid party insurance providers.

the home incurred the following liabilities: $110,000 saleries, $30,000 medical equipment, $10,000 utilities expense.

Prepare the journal entries for these transactions.