At Westonci.ca, we connect you with the best answers from a community of experienced and knowledgeable individuals. Discover in-depth solutions to your questions from a wide range of experts on our user-friendly Q&A platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

SLO Health Care Inc. is owned and operated by Morgan Denby, the sole stockholder.
During January 20Y6, San Mateo Health Care entered into the following transactions:

January 1 Received $13,500 from Glenn Company as rent for the use of a vacant office in SLO Health Care’s building. Glenn paid the rent nine months in advance.
January 1 Paid $3,000 for a one-year general insurance business policy.
January 6 Purchased supplies of $900 on account.
January 9 Collected $16,000 for services provided to customers on account.
January 11 Paid creditors $2,500 on account.
January 18 Invested an additional $5,000 in the business in exchange for common stock.
January 20 Billed patients $26,000 for services provided on account.
January 25 Received $7,500 for services provided to customers who paid cash.
January30 Paid expenses as follows: wages, $15,500 utilities, $4,250 rent on medical equipment, $2,650 interest, $100 and miscellaneous, $1,500.
January30 Paid dividends of $4,000 to stockholder (Dr. Denby).
Adjustment data for SLO Health Care Inc. for January are as follows:

Insurance expired, $450.
Supplies on hand on January 31, $600.
Depreciation on building, $1,150.
Unearned rent revenue earned, $1,500.
Wages owed employees but not paid, $1,450.
Services provided but not billed to patients, $2,500.


SLO HEALTH CARE INC.
Statement of Stockholders' Equity
For the Month Ended January 31, 20Y6??????


Sagot :

We appreciate your visit. Hopefully, the answers you found were beneficial. Don't hesitate to come back for more information. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.