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Dr. Elyse Burnhart opened a medical practice specializing in physical therapy. During the first month of operation (October), the business, titled Dr. Elyse Burnhart,
Dr. Elyse Burnhart opened a medical practice specializing in physical therapy. During the first month of operation (October), the business, titled Dr. Elyse Burnhart, Professional Corporation (P.C.), experienced the following events: (Click the icon to view the events) Read the requirements (Click the icon to view the journal entries.) Requirement 1. Post the entries to the ledger, using T-accounts. Key transactions by date. Determine the ending balance in each account. (Record transactions from the 15-31 of the month as occurring on the last day of the month.) Calculate the balance for each account and enter it on the appropriate side of each T-account. Cash Accounts Payable Service Revenue Accounts Receivable Note Payable Salary Expense
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