Oct 1 Cash 250,000.

00
Marasigan Capital

1 Land 250,000.00
Medical Building 1,000,000.00
Cash
20% Notes Payable

1 Medical Equipment 420,000.00

Medical Supplies 39,000.00
Cash
24% Notes Payable

2 Prepaid Insurance 20,000.00

Cash

4 Cash 117,000.00
Medical Revenues

7 Medical Supplies 17,000.00

Accounts Payable

10 Salaries Expense 73,000.00

Cash

12 Cash 90,000.00
Unearned Research Revenues

18 Accounts Receivable 317,000.00

Medical Revenues

21 Repairs Expense 23,000.00

Cash

23 Telephone Expense 3,000.00

Cash

24 Medical Equipment 45,000.00

Accounts Payable

25 Cash 113,000.00
Accounts Receivable

27 Accounts Payable 13,000.00

 Cash

30 Marasigan, Withdrawals 200,000.00

Cash

30 Association Dues Expense 15,000.00

Cash
 250,000.00

50,000.00
1,200,000.00

59,000.00
400,000.00

20,000.00

117,000.00

17,000.00

73,000.00

90,000.00

317,000.00

23,000.00

3,000.00

45,000.00

113,000.00
 13,000.00

200,000.00

15,000.00
 Cash Capital
1-Oct 250,000.00 50,000.00 1-Oct 250,000.00 1-Oct
4-Oct 117,000.00 59,000.00 1-Oct
12-Oct 90,000.00 20,000.00 2-Oct
25-Oct 113,000.00 73,000.00 10-Oct
23,000.00 21-Oct
3,000.00 23-Oct
13,000.00 27-Oct
200,000.00 30-Oct
15,000.00 31-Oct

570,000.00 456,000.00
114,000.00

20% Notes Payable Medical Equipment

1,200,000.00 1-Oct 1-Oct 420,000.00
24-Oct 45,000.00

Prepaid Insurance Medical Rev

2-Oct 20,000.00 117,000.00 4-Oct
317,000.00 18-Oct

unearned Research Rev Acc Receivable

90,000.00 12-Oct 18-Oct 317,000.00 113,000.00 25-Oct

204,000.00
 Withdrawals AD Exp
30-Oct 200,000.00 31-Oct 15,000.00
 Land Medical Building
1-Oct 250,000.00 1-Oct 1,000,000.00

Medical Supplies 24% Notes Payable

1-Oct 39,000.00 400,000.00 1-Oct
7-Oct 17,000.00

Acc Payables Salaries Exp

27-Oct 13,000.00 17,000.00 7-Oct 10-Oct 73,000.00
45,000.00 24-Oct

Repairs Exp Telephone Exp

21-Oct 23,000.00 23-Oct 3,000.00
Cash 114,000.00
Land 250,000.00
Med Building 1,000,000.00 Insurance Exp
Med Supplies 56,000.00
Acc Receivable 204,000.00
Prepaid Insurance 20,000.00 Supplies Exp
Med Equipment 465,000.00
20% Notes Payable 1,200,000.00
24% Notes Payable 400,000.00 Dept Exp Bldg
Accounts Payable 49,000.00
Capital 250,000.00
Withdrawals 200,000.00 Dept Exp Equpt
Med Rev 434,000.00
Unearned research rev 90,000.00
Salaries Exp 73,000.00 Unearned research rev
Repairs Exp 23,000.00
Telephone Exp 3,000.00
AD Exp 15,000.00 Salaries Exp

Interest Exp

Interest Exp
 Cash 114,000.00
Land 250,000.00
1,666.67 Med Building 1,000,000.00
Prepaid Insurance 1,666.67 Med Supplies 56,000.00
Acc Receivable 204,000.00
35,000 Prepaid Insurance 20,000.00
Medical Supplies 35,000 Med Equipment 465,000.00
20% Notes Payable
5,000 24% Notes Payable
Acc Dep bldg 5,000 Accounts Payable
Capital
9,000 Withdrawals 200,000.00
Acc Dep Equipt 9,000 Med Rev
Research Rev
esearch rev 30,000 Salaries Exp 73,000.00
Research Rev 30,000 Repairs Exp 23,000.00
Telephone Exp 3,000.00
51,000 AD Exp 15,000.00
Salaries Payable 51,000

20,000
Interest Payable 20,000

8,000
Interest Payable 8,000
1,200,000.00
400,000.00
49,000.00
250,000.00

434,000.00
90,000.00
Cash 114,000.00 Medical Revenue
Land 250,000.00 Research Revenue
Med Building 1,000,000.00
Med Supplies 21,000.00
Acc Receivable 204,000.00
Prepaid Insurance 18,333.33
Med Equipment 465,000.00 Income Summary
Accum Dep Bldg 5,000.00
Accum Dep Equipt 9,000.00
20% Notes Payable 1,200,000.00
24% Notes Payable 400,000.00
Salaries Payable 51,000.00
Interest Payable 28,000.00
Accounts Payable 49,000.00
Capital 250,000.00
Withdrawals 200,000.00
Med Rev 434,000.00
Research Rev 30,000.00
Unearned Research Rev 60,000.00
Salaries Exp 124,000.00
Repairs Exp 23,000.00 Income Summary
Telephone Exp 3,000.00
AD Exp 15,000.00
Insurance Exp 1,666.67
Supplies Expense 35,000.00
Dept Exp Bldg 5,000.00
Dept Exp Equipt 9,000.00
Interest Exp 28,000.00
 434,000.00 Cash
30,000.00 Land
Income Summary 464,000.00 Med Building
Med Supplies
Acc Receivable
Prepaid Insurance
243,666.67 Med Equipment
Salaries Exp 124,000.00 Accum Dep Bldg
Repairs Exp 23,000.00 Accum Dep Equipt
Telephone Exp 3,000.00 20% Notes Payable
AD Exp 15,000.00 24% Notes Payable
Insurance Exp 1,666.67 Salaries Payable
Supplies Expense 35,000.00 Interest Payable
Dept Exp Bldg 5,000.00 Accounts Payable
Dept Exp Equipt 9,000.00 Capital
Interest Exp 28,000.00 Withdrawals
Unearned Research Rev

220,333.33
Capital 220,333.33
 114,000.00
250,000.00
1,000,000.00
21,000.00
204,000.00
18333.33
465,000.00
5,000.00
9,000.00
1,200,000.00
400,000.00
51,000.00
28,000.00
49,000.00
470,333.33
200,000.00
60,000.00
Dec 1 Cash 150,000.00
Detoya, Capital

2 Rent Expense 8,000.00

Cash

2 Supplies 7,200.00
Accounts Payable

3 Office Equipment 75,000.00

Cash
Accounts Payable

8 Accounts Payable 7,200.00

Cash

14 Salaries Expense 6,000.00

Cash

20 Cash 20,000.00
Consulting Revenues

28 Salaries Expense 6,000.00

Cash

30 Accounts Receivable 48,000.00

Consulting Revenues

31 Detoya, Withdrawals 12,000.00

Cash
150,000.00

8,000.00

7,200.00

37,000.00
38,000.00

7,200.00

6,000.00

20,000.00

6,000.00

48,000.00

12,000.00
 Cash Capital
1-Dec 150,000.00 8,000.00 2-Dec 150,000.00 1-Dec
20-Dec 20,000.00 37,000.00 3-Dec
7,200.00 8-Dec
6,000.00 14-Dec
6,000.00 28-Dec
12,000.00 31-Dec

170,000.00 76,200.00
93,800.00

Acc Payables Equipment

8-Dec 7,200.00 7,200.00 2-Dec 3-Dec 75,000.00
38,000.00 3-Dec

38,000.00

Account Receivables Withdrawals

30-Dec 48,000.00 31-Dec 12,000.00
 Rent Exp Supplies
2-Dec 8,000.00 2-Dec 7,200.00

Salaries Exp Consult Rev

14-Dec 6,000.00 20,000.00 20-Dec
28-Dec 6,000.00 48,000.00 30-Dec

12,000.00 68,000.00
Cash 93,800.00 Supplies Exp
Accounts Receivable 48,000.00
Supplies 7,200.00
Office Equipment 75,000.00 Salaries Exp
Accounts Payable 38,000.00
Capital 150,000.00
Withdrawals 12,000.00 Depreciation Exp
Consulting Revenue 68,000.00
Salaries Exp 12,000.00
Rent Exp 8,000.00 Fees Receivable
 2500
Supplies 2500

1200
Salaries Payable 1200

800
Accum. Dep 800

10000
Consulting Rev 10000
Cash 93,800.00 Consulting Revenue
Fees Receivable 10,000.00
Accounts Receivable 48,000.00
Supplies 4,700.00
Office Equipment 75,000.00
Accum. Dep 800.00 Income Summary
Accounts Payable 38,000.00
Salaries Payable 1,200.00
Capital 150,000.00
Withdrawals 12,000.00
Consulting Revenue 78,000.00
Salaries Exp 13,200.00
Rent Exp 8,000.00
Supplies Exp 2,500.00
Dep Exp 800.00
Income Summary
 78,000.00 Cash
Income Summary 78,000.00 Fees Receivable
Accounts Receivable
Supplies
Office Equipment
24,500.00 Accum. Dep
Salaries Exp 13,200.00 Accounts Payable
Rent Exp 8,000.00 Salaries Payable
Supplies Exp 2,500.00 Capital
Dep Exp 800.00 Withdrawals

53,500.00
Capital 53,500.00
93,800.00
10,000.00
48,000.00
4,700.00
75,000.00
800.00
38,000.00
1,200.00
203,500.00
12,000.00