0 More Info Jan. 1 The business received $34,000 cash and issued common stock to Daniel. 2 Purchased medical supplies on account, $17,000. 4 Performed services for patients receiving $1,600. 12 Paid monthly office rent of $3,000. 15 Recorded $7,000 revenue for services rendered to patients on account. Print Done Homework: Chapter 2 Homework 1 [Required] Score: 0 of 1 pt 4 of 7 (7 complete) HW Score: 6 X S2-5 (book/static) John Daniel opened a medical practice in Sacramento, California, and had the following transactions during the month of January (Click the icon to view the January transactions.) Journalize the transactions of John Daniel, M.D. Include an explanation with each entry. (Record debits first, then credits. Select the explanation journal entry table.) Jan. 1: The business received $34,000 cash and issued common stock to Daniel. Accounts and Explanation Jan. 1 Cash Date Debit Credit