Innovation in health care in many ways
Let us review our Finacc learning
Make your journal entries T accounts/excel time limit 30 minutes per group
A doctor decided she will be dispensing physician because of profits involved and convenience for her patients. The drugs she is prescribing is difficult to procure at the the popular drugstore. It is more convenient for the patient to have the injection right there and then (say anti ___ drug)
1. She invested P10,000 for the venture cash July 1
2. She initially bought 10 items of the drugs for P700.00 each cash, She could sell the drugs for P1,200 each. At the popular drugstores the drugs sell for P1,500, quite a savings for her patient July 5
3. For the period July 1 to 15, she was able to sell 5 units at P1,200. She was paid in cash
4. She again ;procured 10 units of the drug for P500.00 this time on 30 day credit
5. She was again able to sell 7 units for P1,200 for the period July 18 to 22 cash
6. She decided she will pay her Sun Cellular telephone bill for P500.00 cash July 22 2016
7. She gave a pakuwenselo to her medsec nurse and gave her P1,000.
Compute for cash flow
Income statement
Balance sheet.
May I have the outputs from the groups sent to this post as comments or hard copy this Saturday?
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