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Dec 6 9 12 15 15-31 Samoa invested $150,000 in the business, which in turn issued its common stock to her. The business paid cash

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Dec 6 9 12 15 15-31 Samoa invested $150,000 in the business, which in turn issued its common stock to her. The business paid cash for land costing $64,000. Samoa plans to build an office building on the land. The business purchased medical supplies for $2,400 on account. Dr. Helen Samoa, P.C., officially opened for business. During the rest of the month, Samoa treated patients and earned service revenue of $9,800, receiving cash for half the revenue earned. The business paid cash expenses: employee salaries, $3,600; office rent, $900; utilities, $400. The business sold medical supplies to another physician for cost of $1,000 and received cash. The business borrowed $34,000, signing a note payable to the bank. The business paid $1,300 on account. 15-31 31 31 31 E2-21A (book/static) Question Help nts work Dr. Helen Samoa opened a medical practice specializing in physical therapy. During the first month of operation (December), the business, titled Dr. Helen Samoa Professional Corporation (P.C.), experienced the following events: Click the icon to view the events.) Requirement 1. Record the transactions in the journal of Dr. Helen Samoa, P.C. List the transactions by date and give an explanation for each transaction. (Record debits first, then credits. Select explanations on the last line of the journal entry table. If an entry is not required, select "No entry required on the first line of the table and leave al other cells blank.) uiz/Test Dec 6: Samoa invested $150,000 in the business, which in turn issued its common stock to her. Journal Entry Accounts and Explanations Debit Credit Date Dec lirt or enter any number in the input fields and then click Check Answer Do Homework Take a Quiz/Test TU T TICO the following events Click the icon to view the events) Requirement 1. Record the transactions in the journal of Dr. Helon Samoa, P.C. List the transactions by date and give an explanation for each transaction (Record debits first, then credits. Select explanations on the last line of the journal entry table an entry is not required, select youred on the f ine of the candle other cells blank.) Journal Entry Date Accounts and explanations Dec u nter any number in the input fields and then click Check

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