Selected Transactions for Good Home, a Property Management Company, in Its

question 119

Essay

Selected transactions for Good Home, a property management company, in its first month of business, are as follows: Instructions
For each transaction indicate the following.
(a) The basic type of account debited and credited (asset (A), liability (L), stockholders' equity (SE)).
(b) The specific account debited and credited (cash, rent expense, service revenue, etc.).
(c) Whether the specific account is increased (incr.) or decreased (decr).
(d) The normal balance of the specific account.
Use the following format, in which the January 2 transaction is given as an example.

---

Definitions:

Medical Assistant

A healthcare professional who supports medical practitioners by performing various administrative and clinical tasks.

Examination

A detailed inspection or analysis of an object or person, often used in the context of medical assessments.

Proctologic Table

A specialized examination table designed for proctological examinations, including various positions for patient comfort and accessibility.

Sigmoidoscopy

Sigmoidoscopy is a medical examination of the sigmoid colon and rectum using a flexible tube with a light and camera, often used to screen for colon cancer.