Tom Durkin, M.D., uses the modified cash basis and the combination journal provided below to record entries for his medical practice. Indicate which columns would be used for the debits and credits...

Tom Durkin, M.D., uses the modified cash basis and the combination journal provided below to record entries for his medical practice.

Indicate which columns would be used for the debits and credits for the following transactions.


a. Medical services provided for cash.


b. Wages incurred, but not paid.


c. Cash paid for laboratory expenses.


d. Purchased medical supplies on account.




May 26, 2022
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