TY MEDICAL CLINIC

Worksheet
For the Year Ended December 31, 2016

Account Title Trial Balance Adjustment Adjusted Trial Balance Income Statement Balance Sheet
Cash 92,250.00 92,250.00
Accounts Receivable 7,500.00 1,600.00 9,100.00
Medical Supplies 13,000.00 9,750.00 3,250.00
Prepaid Insurance 3,600.00 300.00 3,300.00
Furniture and Equipment 54,000.00 54,000.00
Accumulated Depreciation-Furniture 450.00 450.00
Medical Equipment 210,000.00 210,000.00
Accumulated Dep-Medical Equip 1,750.00 1,750.00
Accounts Payable 9,000.00 9,000.00
Accrued Expenses 950.00 950.00
Loan Payable 100,000.00 100,000.00
Teresa Young, Capital 250,000.00 250,000.00
Teresa Young, Drawing 18,000.00 18,000.00
Income Summary

Medical Service Fees 41,700.00 1,600.00 43,300.00

Consulting Fess 21,900.00 21,900.00
Advertising Expense 2,400.00 2,400.00
Insurance Expense 300.00 300.00
Maintenance Expense 2,000.00 2,000.00
Miscellaneous Expense 500.00 500.00
Rent Expense 4,000.00 4,000.00
Salary Expense 10,400.00 10,400.00
Supplies Expense, 9,750.00 9,750.00
Tax Expense 1,500.00 1,500.00
Utilities Expense 1,950.00 950.00 2,900.00
Depreciation Expense 2,200.00 2,200.00
Interest Expense 1,500.00 1,500.00
422,600.00 422,600.00 14,800.00 14,800.00 427,350.00 427,350.00