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Dr. Eyse Bumhart opened a medical practice specializing in physical therapy. During the first month of operation (August), the business, titled Dr. Elyse Burnhart Professional

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Dr. Eyse Bumhart opened a medical practice specializing in physical therapy. During the first month of operation (August), the business, titled Dr. Elyse Burnhart Professional Corporation (PC) following Click the icon to view the events) Requirement 1. Record the transactions in the journal of Dr. Bye Burnhart PC. 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 enly required first line of the table and leave at other fields blak) G Aug 6: Burrhart invested $145,000 in the business, which in turn issued its common stock to her Journal Entry Date Accounts and Explanations Debit Credit Aug Aug 9. The business paid cash for and costing 563.000. Burnhart plans to build an ice building on the land. Journal Entry Accounts and Explanations Date Debat Credit Aug Aug 6 Aug 9 Aug 12 Aug 15 Aug 15-31 Aug 15-31 Aug 31 Burnhart invested $145,000 in the business, which in turn issued its common stock to her. The business paid cash for land costing $63,000. Burnhart plans to build an office building on the land. The business purchased medical supplies for $2,100 on account. Dr. Elyse Burnhart, P.C., officially opened for business. During the rest of the month, Burnhart treated patients and earned service revenue of $9,500, receiving cash for half the revenue earned. The business paid cash expenses: employee salaries, $2,400; office rent, $1,000; utilities, $300. The business sold medical supplies to another physician for cost of $200 and received cash. The business borrowed $37,000, signing a note payable to the bank. The business paid $1,000 on account. Aug 31 Aug 31

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