Dr. Nick Marasigan, M.D.

Worksheet
For the Month Ended Oct. 31,2021

Trial Balance Adjustments

No. Account Title Debit Credit Debit Credit
110 Cash 114,000
120 Accounts Receivable 204,000
130 Medical Supplies 56,000 35,000
140 Prepaid Insurance 20,000 1,667
150 Land 250,000
160 Medical Building 1,000,000
165 Accumulated Depreciation - Medical Building 5,000
170 Medical Equipment 465,000
175 Accumulated Depriciation - Medical Equipment 9,000
210 24% Note Payable 400,000
220 20% Note Payable 1,200,000
230 Accounts Payable 49,000
240 Salaries Payable 51,000
250 Interest Payable 28,000
260 Unearned Research Revenues 90,000 30,000
310 Marasigan, Capital 250,000
320 Marasigan, Withdrawals 200,000
410 Medical Revenues 434,000
420 Research Revenues 30,000
510 Salaries Expense 73,000 51,000
520 Insurance Expense 1,667
530 Repairs Expense 23,000
540 Supplies Expense 35,000
550 Association Dues Expense 15,000
560 Telephone Expense 3,000
570 Depreciation Expense -Building 5,000
580 Depreciation Expense -Equipment 9,000
590 Interest Expense 28,000
2,423,000 2,423,000 159,667 159,667
Profit
ck Marasigan, M.D.
Worksheet
nth Ended Oct. 31,2021

Adjusted Trial Balance Income Statement Balance Sheet

Debit Credit Debit Credit Debit Credit
114,000 114,000
204,000 204,000
21,000 21,000
18,333 18,333
250,000 250,000
1,000,000 1,000,000
5,000 5,000
465,000 465,000
9,000 9,000
400,000 400,000
1,200,000 1,200,000
49,000 49,000
51,000 51,000
28,000 28,000
60,000 60,000
250,000 250,000
200,000 200,000
434,000 434,000
30,000 30,000
124,000 124,000
1,667 1,667
23,000 23,000
35,000 35,000
15,000 15,000
3,000 3,000
5,000 5,000
9,000 9,000
28,000 28,000
2,516,000 2,516,000 243,667 464,000 2,272,333 2,052,000
220,333 220,333
464,000 464,000 2,272,333 2,272,333