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FPT in FABM-1

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Name:___________________________________ Grade and Section: _____________________

FPT IN FABM 1 Quarter: 4th Date:__________


Journalizing, Posting, and Making a Trial Balance

You are tasked with recording the transactions for a dental clinic's first month of operation. Your goal is to journalize each

transaction, post them to the appropriate ledger accounts, and finally, prepare a trial balance to ensure accuracy in your financial

records. Create your own Chart of account for reference.

Transactions:

April 1: Paid rent for the office space for the month, ₱25,000.

April 2: Purchased office supplies on credit from Office Depot, ₱5,000.

April 3: Purchased dental equipment on credit from Dental Suppliers Inc., ₱40,000

April 4: Received cash payment from patients for dental services provided, ₱15,000.

April 5: Provided dental services to patients and received cash payments totaling ₱32,000.

April 6: Paid for advertising services for the clinic, ₱8,000.

April 7: Purchased dental instruments on credit from Dental Equipment Co., ₱12,000.

April 8: Paid salaries to staff for the week, ₱15,000.

April 9: Received an invoice from Office Depot for office supplies purchased on April 2, ₱5,000.

April 10: Received an invoice from Dental Suppliers Inc. for the equipment purchased on April 3, ₱40,000.

April 11: Paid for maintenance services for dental equipment, ₱3,500.

April 12: Received cash payment from patients for dental services provided, ₱20,000.

April 13: Paid for professional fees for legal services, ₱6,000.

April 14: Purchased office furniture on credit from Furniture World, ₱25,000.

April 15: Received payments from insurance companies for dental services provided, ₱18,000.

April 16: Received cash payment from patients for dental services provided, ₱18,000.

April 17: Paid for software subscription for clinic management, ₱4,500.

April 18: Received an invoice from Dental Equipment Co. for the instruments purchased on April 7, ₱12,000.

April 19: Paid for training services for clinic staff, ₱10,000.

April 20: Paid utilities bill for the month, ₱3,000.

April 21: Received cash payment from patients for dental services provided, ₱25,000.

April 25: Purchased dental supplies on credit from Dental Suppliers Inc., ₱8,000.

April 28: Provided dental services on credit to patients, totaling ₱20,000.

April 30: Withdrew cash from the business for personal use, ₱5,000.

Compile your output in a long white folder and submit it to your teacher no later than May 2, 2024.

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