Reference no: EM132860870

Question - Record the following transactions for Mansion Surgical:

1 Oct Mary mansion begins practice as family practitioner and invests 50000

1 Oct purchase surgical equipment on account from young company for 22800

3 Oct pays rent for office 1500

3 Oct employs receptionist mark phelps

4 Oct purchase surgical supplies for cash 1165

10 Oct receives cash for 850 for patients for services performed

15 Oct bills patients 11560 or services performed

21 Oct Pays young company on account 7600

23 Oct withdraws 3000 cash from business for personal use

26 Oct receives 2600 from patients on account

30 Oct bill patients 6890 for services performed

31 Oct pays the following expenses in cash, salaries wages 2500, utilities 910

31 Oct surgical supplies used during the month 695

Additionally, on October 31 the controller of Mansion Surgical realized he had failed to accrue $10,000 in utilities expense for the previous year.