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Enviado por   •  29 de Septiembre de 2014  •  325 Palabras (2 Páginas)  •  118 Visitas

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Problem 1.16. The follwing transactions were engaged un during the month of March by Dr. Scott Braunstein.

1) Opened his practiceby investing $50,000 in the business

2) Bought office equipment for $27,000 on account from Medical products, Inc.

3) Paid $2,000 for various medical supplies for the office

4) Received $11,600 in fees earned during the first month of operations

5) Paid office rent for the month, $900

6) Paid medical assitant salary for the month, $1,800

7) Paid medical products, Inc. $3,000 on account

8) Withdrew $1,500 for personal use

Enter each transaction in the following form:

Cash + Supplies + Equipment = Accounts Payable + Capital

1) $50,000 0 0 0 $50,000

2) 0 0 $27,000 $27,000 0

Balance $50,000 0 $27,000 $27,000 $50,000

3) -$2,000 $2,000 0 0 0

Balance $48,000 $2,000 $27,000 $27,000 $50,000

4) $11,600 0 0 0 0

Balance $59,600 $2,000 $27,000 $27,000 $61,600

5) -$900 0 0 0 -$900

Balance $58,700 $2,000 $27,000 $27,000 $60,700

6) -$1,800 0 0 0 -$1,800

Balance $56,900 $2,000 $27,000 $27,000 $58,900

7) -$3,00 0 0 -$3,000 0

Balance $53,900 $2,000 $27,000 $24,000 $58,900

8) -$1,500 0 0 0 -$1,500

Balance $52,400 $2,000 $27,000 $24,000 $57,400

Problem 1.16. The follwing transactions were engaged un during the month of March by Dr. Scott Braunstein.

1) Opened his practiceby investing $50,000 in the business

2) Bought office equipment for $27,000 on account from Medical products, Inc.

3) Paid $2,000 for various medical supplies for the office

4) Received $11,600 in fees earned during the first month of operations

5) Paid office rent for the month, $900

6) Paid medical assitant salary for the month, $1,800

7) Paid medical products, Inc. $3,000 on account

8) Withdrew $1,500 for personal use

Enter each transaction in the following form:

Cash + Supplies + Equipment = Accounts Payable + Capital

1) $50,000 0 0 0 $50,000

2) 0 0 $27,000 $27,000 0

Balance $50,000 0 $27,000 $27,000 $50,000

3) -$2,000 $2,000 0 0 0

Balance $48,000 $2,000 $27,000 $27,000 $50,000

4) $11,600 0 0 0 0

Balance $59,600 $2,000 $27,000 $27,000 $61,600

5) -$900 0 0 0 -$900

Balance $58,700 $2,000 $27,000 $27,000 $60,700

6) -$1,800 0 0 0 -$1,800

Balance $56,900 $2,000 $27,000 $27,000 $58,900

7) -$3,00 0 0 -$3,000 0

Balance $53,900 $2,000 $27,000 $24,000 $58,900

8) -$1,500 0 0 0 -$1,500

Balance $52,400 $2,000 $27,000 $24,000 $57,400

...

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