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Warren smith practices medicine under the business title Warren Smith M.D. During April, the medical practice completed the following transaction. April 1 Smith deposit $78,000
Warren smith practices medicine under the business title Warren Smith M.D. During April, the medical practice completed the following transaction. April 1" Smith deposit $78,000 cash in the business bank account. The business gave capital to smith April 5* Paid monthly rent on medical equipment $780 April 9" paid $18,000 cash to purchase land for an office site April 10 purchased supplies on account $1200 April 19" Borrowed $20000 from the bank for business use. Smith signed a note payable to the bank April 22 paid $800 on account April 30th Revenues earned during the month include $5,900 cash and $4,900 on account April 30 paid employees salaries $2,000 office rent $1800 and utilities $420. Make a single compand entry April 30 Owners withdrew $9000 Create T-Account Create an income statement for the month ending April 30 Create statement of Owner's Equity for the month ending April 30 Create a Balance sheet April 30
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