Anda di halaman 1dari 12

Assets Liabilities

Accounts Medical Furniture & Accounts


Date Cash
Receivable Supplies
Equipment
Fixtures Payable
1/3/2019 100,000.00 20,000.00
1/4/2019
1/5/2019 (6,000.00) 6,000.00
1/10/2019 10,000.00 10,000.00
1/14/2019 6,000.00 10,000.00
1/15/2019 (13,500.00)
1/16/2019
1/17/2019 200,000.00
1/18/2019 5,000.00 (5,000.00)
1/19/2019 (1,000.00)
1/20/2019 15,000.00
1/22/2019 (5,000.00) (5,000.00)
1/24/2019 12,000.00
1/25/2019 (30,000.00)
1/28/2019 15,000.00 15,000.00
1/29/2019 (2,000.00)
1/29/2019 (8,000.00)
1/29/2019 (13,500.00)
1/30/2019 (3,000.00)
Total 60,000.00 35,000.00 2,000.00 220,000.00 10,000.00 5,000.00
Total Assets 327,000.00 Total Liabilities and Equity
Liabilities Equity
KwakKwak,
Notes Payable Explanation
Capital
120,000.00 Investment
No entry
Purchase of Medical Supplies
Purchase of F&F on account
16,000.00 Professional Fees Revenue
(13,500.00) Payment of Salaries
No Entry
200,000.00 Purchase of Equipment
Collection of account
(1,000.00) Drawings
15,000.00 Professional Fees Revenue
Payment of Accounts Payable
12,000.00 Professional Fees Revenue
(30,000.00) Payment of Notes Payable
30,000.00 Professional Fees Revenue
(2,000.00) Utilities Expense
(8,000.00) Rent Expense
(13,500.00) Salaries Expense
(3,000.00) Supplies Expense
170,000.00 152,000.00
al Liabilities and Equity 327,000.00
GENERAL JOURNAL
DATE PARTICULARS F DEBIT CREDIT
1/3/2019 Cash 101 100,000
Equipment 201 20,000
KwakKwak, Capital 120,000

1/4/2019 No Entry

1/5/2019 Medical Supplies 103 6,000


Cash 101 6,000

1/10/2019 Furniture & Fixtures 10,000


Accounts Payable 10,000

1/14/2019 Cash 6,000


Accounts Receivable 10,000
Professional Fees Revenue 16,000

1/15/2019 Salaries Expense 13,500


Cash 13,500

1/16/2019 No Entry

1/17/2019 Equipment 200,000


Notes Payable 200,000

1/18/2019 Cash 5,000


Accounts Receivable 5,000

1/19/2019 KwakKwak, Drawings 1,000


Medical Supplies 1,000

1/20/2019 Accounts Receivable 15,000


Professional Fees Revenue 15,000

1/22/2019 Accounts Payable 5,000


Cash 5,000

1/24/2019 Cash 12,000


Professional Fees Revenue 12,000

1/25/2019 Notes Payable 30,000


Cash 30,000

1/28/2019 Cash 15,000


Accounts Receivable 15,000
Professional Fees Revenue 30,000

1/29/2019 Utilities Expense 2,000


Rent Expense 8,000
Salaries Expense 13,500
Cash 23,500

1/30/2019 Supp 3,000


Medical Supplies 3,000
Cash Account No.
Date Explanation Ref Debit Credit
1/3/2019 Investment J1 100,000
1/5/2019 Purchase of Medical Supplies J1 6,000
1/14/2019 Professional Fees Revenue J1 6,000
1/15/2019 Payment of Salaries J1 13,500
1/18/2019 Collection of account J1 5,000
1/22/2019 Professional Fees Revenue J1 5,000
1/24/2019 Professional Fees Revenue J1 12,000
1/25/2019 Payment of Notes Payable J1 30,000
1/28/2019 Professional Fees Revenue J1 15,000
1/29/2019 Payment of Expenses J1 23,500

Accounts Receivable Account No.


Date Explanation Ref Debit Credit
1/14/2019 Professional Fees Revenue J1 10,000
1/18/2019 Collection of account J1 5,000
1/20/2019 Professional Fees Revenue J1 15,000
1/28/2019 Professional Fees Revenue J1 15,000

Medical Supplies Account No.


Date Explanation Ref Debit Credit
1/5/2019 Purchase of Medical Supplies J1 6,000
1/19/2019 Drawings J1 1,000
1/30/2019 Supplies Expense J1 3,000

Equipment Account No.


Date Explanation Ref Debit Credit
1/3/2019 Investment J1 20,000
1/17/2019 Purchase of Equipment J1 200,000

Furniture & Fixtures Account No.


Date Explanation Ref Debit Credit
1/10/2019 Purchase of F&F on account J1 10,000

Accounts Payable Account No.


Date Explanation Ref Debit Credit
1/10/2019 Purchase of F&F on account J1 10,000
1/22/2019 Professional Fees Revenue J1 5,000

Notes Payable Account No.


Date Explanation Ref Debit Credit
1/17/2019 Purchase of Equipment J1 200,000
1/25/2019 Payment of Notes Payable J1 30,000
KwakKwak, Capital Account No.
Date Explanation Ref Debit Credit
1/3/2019 Investment J1 120,000

KwakKwak, Drawings Account No.


Date Explanation Ref Debit Credit
1/19/2019 Drawings J1 1,000

Professional Fees Revenue Account No.


Date Explanation Ref Debit Credit
1/14/2019 Professional Fees Revenue J1 16,000
1/20/2019 Professional Fees Revenue J1 15,000
1/24/2019 Professional Fees Revenue J1 12,000
1/28/2019 Professional Fees Revenue J1 30,000

Rent Expense Account No.


Date Explanation Ref Debit Credit
1/29/2019 Rent Expense J1 8,000

Salaries Expense Account No.


Date Explanation Ref Debit Credit
1/15/2019 Payment of Salaries J1 13,500
1/29/2019 Payment of Salaries J1 13,500

Utilities Expense Account No.


Date Explanation Ref Debit Credit
1/29/2019 Utilities Expense J1 2,000

Supplies Expense Account No.


Date Explanation Ref Debit Credit
1/30/2019 Supplies Expense J1 3,000
101
Balance
100,000
94,000
100,000
86,500
91,500
86,500
98,500
68,500
83,500
60,000

102
Balance
10,000
5,000
20,000
35,000

103
Balance
6,000
5,000
2,000

201
Balance
20,000
220,000

202
Balance
10,000

301
Balance
(10,000)
(5,000)

302
Balance
(200,000)
(170,000)
501
Balance
(120,000) (152,000)

502
Balance
1,000

601
Balance
(16,000)
(31,000)
(43,000)
(73,000)

701
Balance
8,000

702
Balance
13,500
27,000

703
Balance
2,000

704
Balance
3,000
Dr. KwakKwak Medical Clinic
Trial Balance
January 31, 20X9

DEBIT CREDIT
101 Cash 60,000
102 Accounts Receivable 35,000
103 Medical Supplies 2,000
201 Equipment 220,000
202 Furniture & Fixtures 10,000
301 Accounts Payable 5,000
302 Notes Payable 170,000
501 KwakKwak, Capital 120,000
502 KwakKwak, Drawings 1,000
601 Professional Fees Revenue 73,000
701 Rent Expense 8,000
702 Salaries Expense 27,000
703 Utilities Expense 2,000
704 Supplies Expense 3,000
368,000 368,000

Dr. Kwakkwak Medical Clinic


Income Statement
for the month ended January 31, 20X9

Professional Fees Revenue 73,000

Less: OPEX
Rent Expense 8,000
Salaries Expense 27,000
Utilities Expense 2,000
Supplies Expense 3,000 40,000
Net Income 33,000

Dr. KwakKwak Medical Clinic


Statement of Owner's Equity
for the month ended January 31, 20X9

KwakKwak, Capital Beg. 120,000


Add: Net Income/ Less: Net loss 33,000
Add: Additional Investment xxx
Less: Drawings 1,000
KwakKwak, Capital End. 152,000
Dr. KwakKwak Medical Clinic
Statement of Financial Position
as of January 31, 20X9

Cash 60,000
Accounts Receivable 35,000
Medical Supplies 2,000
Total Current Assets 97,000

Equipment 220,000
Furniture & Fixtures 10,000
Total Noncurrent Assets 230,000

TOTAL ASSETS 327,000

Accounts Payable 5,000


Notes Payable 170,000
Total Liabilities 175,000

KwakKwak, Capital 152,000

TOTAL LIABILITIES & EQUITY 327,000