5. Dr. Abdullah started a clinic in Muscat on 1" January 2019, During the first month of operations the following transactions occurred. (a) Performed services for patients, who have health insurance, at January 31, OMR 500 of such services was earned but not yet recorded. (b) Utility expenses incurred but not paid prior to January 31 totaled OMR 300. (c) Purchased OMR500 of dental supplies. On January 31, determined that OMR 100 of supplies were on hand. Required: Prepare the adjusting entries on January 31

5. Dr. Abdullah started a clinic in Muscat on 1" January 2019, During the first month of operations the following transactions occurred. (a) Performed services for patients, who have health insurance, at January 31, OMR 500 of such services was earned but not yet recorded. (b) Utility expenses incurred but not paid prior to January 31 totaled OMR 300. (c) Purchased OMR500 of dental supplies. On January 31, determined that OMR 100 of supplies were on hand. Required: Prepare the adjusting entries on January 31

Name: 5. Dr. Abdullah started a clinic in Muscat on 1" January 2019,During
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Description: 5. Dr. Abdullah started a clinic in Muscat on 1" January 2019,During the first monthof operations the following transactions occurred.(a) Performed services for patients, who have healthinsurance, at January 31, OMR 500 of such services wasearned bu

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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