GENERAL JOURNAL

Cash 24% Notes Payable Marsigan, Capital

Accounts Receivable 20% Notes Payable Withdrawals

Supplies Accounts Payable Medical Revenue

Prepaid Insurance Unearned Revenue

Land

Building Trial Balance

Equipment
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Capital Salaries Expense

wals Repair Expense

Association Dues
evenue Expense

Telephone Expense

lance
Accounting Service Center
Trial Balance
31-Dec-20

ACCOUNTS DEBIT CREDIT

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 GENERAL JOURNAL
Date Particulars PR Debit Credit
2015 250,000
Oct. 1 Cash 101 250,000
Marasigan, Capital
Cash Investment

Oct. 1 Medical Building 1,000,000

Land 250,000
Cash 50,000
20% Notes Payable 1,200,000
Acuisition of Medical Building and land

Oct. 1 Medical Equipment 420,000

Medical Supplies 39,000
Cash 59,000
24% Notes Payable 400,000
Acquistion of Medical Supplies and Euipment

Oct, 2 Prepaid Insurance 20,000

Cash 20,000
Acquistion of "All in one"

Oct. 4 Cash 117,000

Medical Revenue 117,000
Cash payment from patients

Oct. 7 Medical Supplies 17,000

Accounts Payable 17,000
Purchased supplies on account

Oct. 10 Salaries Expense 73,000

Cash 73,000
Paid salaries of staff and nurses

Oct. 12 Cash 90,000

Unearned experimental drug center for research 90,000
Received cash for service to be conducted in the future

Oct. 18 Accounts Receivable 317,000

Medical Revenue 317,000
Billed Patients for service rendered

Oct. 21 Repairs Expense 23,000

Cash 23,000
 Paid for repairs to the medical equipment

Oct. 23 Telephone Expense 3,000

Cash 3,000
Paid Telephone Bill

Oct. 24 Medical Equipment 45,000

Accounts Payable 45,000
Bought medical euipment on account

Oct. 25 Cash 113,000

Accounts Receivable 113,000
Collected from billed patients

Oct. 27 Accounts Payable 13,000

Cash 13,000
Payment on account to San Pablo supply
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Account Account No.
Balance
Date Item PR Debit Credit
Debit Credit
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Account: Cash Account No. 110
Balance
Date Item JR Debit Credit
Debit Credit
2015
Oct. 1 Investment J-1 250,000
Oct. 1 Acquired medical building and land J-1 50,000
Oct. 1 Acquired medical equipment and supplies J-1 59,000
Oct. 2 Acquired prepaid insurance J-1 20,000
Oct. 4 Received cash for service rendered J-1 117,000
Oct. 10 Paid salaries expenses J-1 73,000
Oct. 12 Received cash for service to be conducted J-1 90,000
Oct. 21 Paid repairs expense J-2 23,000
Oct. 23 Paid telephone expense J-2 3,000
Oct. 25 Collection of accounts receivable J-2 113,000
Oct. 27 Acquired supplies from San Pablo J-2 13,000
Oct. 30 Withdrawals J-2 200,000
Oct. 30 Paid association dues expense J-2 15,000
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Account: Accounts Receivable Account No. 120

HOM
Balance
Date Item JR Debit Credit
Debit Credit
Oct. 18 Billed patients for the service rendered J-2 317,000
Oct. 25 Collection of accounts receivable J-2 113,000
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Account: Supplies Account No. 130
Balance
Date Item JR Debit Credit
Debit Credit
Oct. 1 Acquired medical equipment and supplies J-1 39,000
Oct.7 Purchased medical supplies J-1 117,000
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Account: Prepaid Insurance Account No. 140

Date Item JR Debit Credit

Balance
Debit Credit HOM
Oct. 2 Acquired prepaid insurance J-1 20,000
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Account: Land Account No. 150

Date Item JR Debit Credit

Balance
Debit Credit HOM
Oct. 1 Acquired medical building and land J-1 250,000
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Account: Building Account No. 160

Date Item JR Debit Credit

Balance
Debit Credit HOM
Oct. 1 Acquired medical building and land J-1 100,000
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Account: Equipment Account No. 170

Date Item JR Debit Credit

Balance
Debit Credit HOM
Oct. 1 Acquired equipment and supplies J-1 420,000
Oct. 24 Acquired equipment J-1 450,000
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Account: 24% Notes Payable Account No. 210

Date Item JR Debit Credit

Balance
Debit Credit HOM
Oct. 1 Acquired equipment and supplies J-1 400,000
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Account: 20% Notes Payable Account No. 220

Date Item JR Debit Credit

Balance
Debit Credit HOM
Oct. 1 Acquired building and land J-1 1,200,000
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Account: Accounts Payable Account No. 230

Date Item JR Debit Credit

Balance
Debit Credit HOM
Oct. 7 Acquired medical supplies J-1 17,000
Oct. 24 Acquired equipment J-2 45,000
Oct. 27 Purchased supplies from San Pablo J-2 13,000
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Account: Unearned Research Revenue Account No. 260

Date Item JR Debit Credit

Balance
Debit Credit HOM
Oct. 12 Received cash for service in the future J-2 90,000
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Account: Accounting, Capital Account No. 310

Date Item JR Debit Credit

Balance
Debit Credit HOM
Oct. 1 Owner's Investment J-1 250,000
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Account: Withdrawals Account No. 320

HOM
Balance
Date Item JR Debit Credit
Debit Credit
Oct. 30 Withdrawals J-2 200,000
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Account: Medical Revenue Account No. 410

Date Item JR Debit Credit

Balance
Debit Credit HOM
Oct. 4 Received cash for service J-1 117,000
Oct. 18 Billed patient J-2 317,000
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Account: Salary Expense Account No. 510

Date Item JR Debit Credit

Balance
Debit Credit HOM
Oct. 10 Payment of salaries J-1 73,000
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Account: Repair Expense Account No. 530

Date Item JR Debit Credit

Balance
Debit Credit HOM
Oct. 21 Repair medical equipment J-2 23,000
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Account: Association Dues Expense Account No. 550

Date Item JR Debit Credit

Balance
Debit Credit HOM
Oct. 30 Paid dues association J-2 150,000
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Account: Telephone Expense Account No. 560

Date Item JR Debit Credit

Balance
Debit Credit HOM
Oct. 23 Payment of telephone J-1 3,000
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