orm the Journal entry of the given transaction: date/s transaction debit credit Sep-02 Garcia invested P30,000 cash to start his business. 2 Purchased medical Supplies on account, P10,000 3 Paid monthly office rent of P4,000. 4 Recorded P5,000 revenue for service rendered to patients: received cash of P2,000 and sent bills to patients for the remainder. 10 Borrowed P50,000 from the bank, signing a note payable 15 Performed service for patients on account, P3,600 22 Received cash from patients billed on September 3, P2,000 25 Received and paid a utility bill, P200 26 Paid monthly salary to nurses, P3,000 30 Paid interest expense of P200
orm the Journal entry of the given transaction: date/s transaction debit credit Sep-02 Garcia invested P30,000 cash to start his business. 2 Purchased medical Supplies on account, P10,000 3 Paid monthly office rent of P4,000. 4 Recorded P5,000 revenue for service rendered to patients: received cash of P2,000 and sent bills to patients for the remainder. 10 Borrowed P50,000 from the bank, signing a note payable 15 Performed service for patients on account, P3,600 22 Received cash from patients billed on September 3, P2,000 25 Received and paid a utility bill, P200 26 Paid monthly salary to nurses, P3,000 30 Paid interest expense of P200
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 3PB: Hajun Company started its business on May 1, 2019. The following transactions occurred during the...
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| date/s | transaction | debit | credit |
| Sep-02 | Garcia invested P30,000 cash to start his business. | ||
| 2 | Purchased medical Supplies on account, P10,000 | ||
| 3 | Paid monthly office rent of P4,000. | ||
| 4 | Recorded P5,000 revenue for service rendered to patients: received cash of P2,000 and sent bills to patients for the remainder. | ||
| 10 | Borrowed P50,000 from the bank, signing a note payable | ||
| 15 | Performed service for patients on account, P3,600 | ||
| 22 | Received cash from patients billed on September 3, P2,000 | ||
| 25 | Received and paid a utility bill, P200 | ||
| 26 | Paid monthly salary to nurses, P3,000 | ||
| 30 | Paid interest expense of P200 |
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