Current Attempt in Progress Concord Corporation, opened a dental practice on January 1, 2020. During the...

Question

Debit Credit No. Date Account Titles and Explanation Jan. 1 31 2. Jan. 31 3, Jan. 31 (To record monthly depreciation) Jan. 31

Question 3 ot/ -/1 View Policies Current Attempt in Progress Concord Corporation, opened a dental practice on January 1, 2020

View Policies Current Attempt in Progress Concord Corporation, opened a dental practice on January 1, 2020. During the first

Current Attempt in Progress Concord Corporation, opened a dental practice on January 1, 2020. During the first month of operations, the following transactions occurred. 1. 2. 3. Performed services for patients who had dental plan insurance. At January 31, $890 of such services were performed but not Utility expenses incurred but not paid prior to January 31 totaled $690. Purchased dental equipment on January 1 for $86,000, paying $21,000 in cash and signing a $65,000, 3-year note payable. TI Purchased a one-year malpractice insurance policy on January 1 for $24,360. Purchased $1,500 of dental supplies. On January 31, determined that $400 of supplies were on hand. 4 5. 5 Prepare the adjusting entries on January 31. Account titles are Accumulated Depreciation-Equipment, Depreciation Expense, Service Revenue, Accounts Receivable, Insurance Expense, Interest Expense, Interest Payable, Prepaid Insurance, Supplies, Supplies Expense, Utilities Expense, and Utilities Payable. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

Debit Credit No. Date Account Titles and Explanation Jan. 1 31 2. Jan. 31 3, Jan. 31 (To record monthly depreciation) Jan. 31 (To record interest on notes payable) 4. Jan. 31 5. Jan. 31 I

Question 3 ot/ -/1 View Policies Current Attempt in Progress Concord Corporation, opened a dental practice on January 1, 2020. During the first month of operations, the following transactions occurred. да ме Performed services for patients who had dental plan insurance. At January 31, $890 of such services were performed but not Utility expenses incurred but not paid prior to January 31 totaled $690. Purchased dental equipment on January 1 for $86,000, paying $21,000 in cash and signing a $65,000, 3-year note payable. To Purchased a one-year malpractice insurance policy on January 1 for $24,360. Purchased $1,500 of dental supplies. On January 31, determined that $400 of supplies were on hand. 5. Prepare the adjusting entries on January 31. Account titles are Accumulated Depreciation-Equipment, Depreciation Expense. Service Revenue, Accounts Receivable, Insurance Expense, Interest Expense, Interest Payable, Prepaid Insurance, Supplies, Supplies Expense, Utilities Expense, and Utilities Payable. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit No. Date Account Titles and Explanation Jan. 1. 31 2. Jan. 31

View Policies Current Attempt in Progress Concord Corporation, opened a dental practice on January 1, 2020. During the first month of operations, the following transactions occurred. At January 31, $890 of such services were performed but not yet recorded. 1$690. 21,000 in cash and signing a $65,000, 3-year note payable. The equipment depreciates $430 per month. Interest is $550 per month. for $24,360 I that $400 of supplies were on hand. Prepare the adjusting entries on January 31. Account titles are Accumulated Depreciation-Equipment, Depreciation Expense, Service Revenue, Accounts Receivable, Insurance Expense, Interest Expense. Interest Payable, Prepaid Insurance, Supplies, Supplies Expense, Utilities Expense, and Utilities Payable. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Credit No. Debit Date Account Titles and Explanation 1. Jan. 31 2. Jan 31 O DI e L M

 · Answer

Credit No. 1 Date Jan.31 Debit $ 890 $ 890 2 Jan.31 $ 690 $ 690 3 3 Jan.31 $ 430 $ 430 General Journal Accounts Receivables S

.

Current Attempt in Progress Concord Corporation, opened a dental practice on January 1, 2020. During the...

Question:

Answers

Similar Solved Questions

Global Manufacturing Inc. uses normal costing during the year to allocate manufacturing overhead to jobs in...

The law of inertia states that no force is required to maintain motion. Why, then, do you have to keep pedaling your bicycle to maintain motion?

(The following information applies to the questions displayed below.) The September 30 bank statement for Cadieux...

"Risk aversion" describes investors': O reluctance to acquire any risky asset, regardless of its expected return....

< Question 4 of 17 > Suppose that a fictitious element, X, has two isotopes: 59X...

CYCLE TWO One thing is sure. We have to do something. We have to do the...

Organizational Behavior Q1. What is conflict? Are conflicts in an organization always a bad thing? Q2....

Please help me solve all A-L 1.Predict the products of the following reactions. If you are...

Asap i beg u IL. (15pts) You are given the following three estimated models, with all the variables described as in question II Dependent variable: log (wage) educ 0.056** 0.062* 0.049* 0.022) (0....

Suppose you play the chaos game on a hexagon, choosing each corner with equal probability, and at...

2 Derrick Iverson is a divisional manager for Holston Company. His annual pay raises are largely...

1 2 3 A 10.5-kg block of ice has a temperature of -22.1 °c. The pressure...

The format is shown with the second picture. Stacey's Piano Rebuilding Company has been operating for...

IF 16.2 g of HNO2 is placed in 0.8L of water calculate the Molarity of the...

Vaughn Manufacturing's accounting records reflect the following inventories: Dec. 31, 2016 Dec. 31, 2017 Raw materials...

This is for my Probability and Statistic class, I need help with this probability problem. We...

The text focuses on Justice and Human Dignity as the two foundational principles for our normative...