Trial Balance

Club Medica
As at 31 July 2019
DEBIT - YEAR TO CREDIT - YEAR TO
ACCOUNT CODE ACCOUNT ACCOUNT TYPE 31 DEC 2018
DATE DATE
Club Medica Bank 2,017.00 -
100 Cash Current Asset 340,725.72 -
101 Petty Cash Current Asset 5,000.00 -
120 Accounts Receivable Current Asset 202,240.00 -
130 Medical Supplies Current Asset 22,251.00 -
131 Office Supplies Current Asset 9,580.00 -
140 Prepaid Insurance Current Asset 7,500.00 -
150 Medical Equipment Non-current Asset 445,500.00 -
Accumulated
151 Depreciation-Medical Fixed Asset 6,000.00 -
Equipment
152 Office Equipment Non-current Asset 168,750.00 -
Accumulated
153 Depreciation-Office Fixed Asset 2,500.00 -
Equipment
154 Furniture and Fixtures Fixed Asset 164,046.00 -
Accumulated
155 Depreciation-Furniture and Fixed Asset 2,975.00 -
Fixtures
160 Rent Deposit Prepayment 45,000.00 -
161 Utilities Deposit Prepayment 4,500.00 -
210 Accounts Payable Current Liability 66,499.04 -
SSS and EC Contributions
221 Current Liability 1,672.00 -
Payable
Philhealth Contributions
222 Current Liability 982.50 -
Payable
Pag-IBIG Contributions
223 Current Liability 600.00 -
Payable
224 Withholding Taxes Payable Current Liability 8,718.62 -
300 Theodore Daniel, Capital Equity 870,000.00 -
Theodore Daniel,
301 Equity 50,000.00 -
Withdrawals
Thaddeus Dominique,
302 Equity 435,000.00 -
Capital
Thaddeus Dominique,
303 Equity 50,000.00 -
Withdrawals
400 Patient Service Revenues Revenue 227,940.00 -
401 Consultancy Revenues Revenue 50,500.00 -
500 Salaries Expense Direct Costs 51,600.00 -
SSS and EC Contributions
501 Overhead 2,547.70 -
Expense
Philhealth Contributions
502 Overhead 637.50 -
Expense
Pag-IBIG Contributions
503 Overhead 300.00 -
Expense
510 Rent Expense Overhead 15,000.00 -
511 Utilities Expense Overhead 5,819.74 -
512 Cleaning Expense Expense 1,150.00 -
513 Laundry Expense Expense 4,505.00 -
520 Laboratory Expense Overhead 18,575.50 -

Trial Balance Club Medica

Trial Balance

521 Medical Supplies Expense Expense 10,650.00 -

530 Office Supplies Expense Expense 4,832.00 -
531 Publications Expense Expense 9,340.00 -
532 Travel Expense Expense 6,380.00 -
Professional Dues and
533 Expense 8,700.00 -
License Expense
Charitable Contributions
534 Expense 4,000.00 -
Expense
Depreciation
541 Depreciation 6,000.00 -
Expense-Medical Equipment
Depreciation Expense-Office
542 Depreciation 2,500.00 -
Equipment
Depreciation
543 Expense-Furniture and Depreciation 2,975.00 -
Fixtures
550 Insurance Expense Overhead 1,500.00 -
Repairs and Maintenance
551 Overhead 2,965.00 -
Expense
570 Miscellaneous Expense Expense 334.00 -
Total 1,675,404.16 1,675,404.16 -

Trial Balance Club Medica