The items for the medical practice of Blossom, MD, are listed below.Retained earnings (October 1)Common stockAccounts payableEquipmentService revenueDividendsInsurance expenseCashDividendsInsurance expenseCashUtilities expenseSuppliesSalaries and wages expenseAccounts receivableRent expense$16,40032,0005,50032,00026,0006,8004,20011,8006,8004,20011,8006003,5008,00010,6002,400

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Answered: The items for the medical practice of…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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The items for the medical practice of Blossom, MD, are listed below. Retained earnings (October 1) Common stock Accounts payable Equipment Service revenue $16,400 32,000 5,500 32,000 26,000