Faith Moynihan, MD, opened a medical practice. The business completed the following transactions Moynihan invested $31,000 cash to start her medical practice. The business issued common stock to Moynihan Purchased medical supplies on account totaling $8,500. Jul 1 Jul 2 Jul 3 Paid monthly office rent of $6,200 Jul 6 Recorded $7.000 revenue (in cash) for service rendered to patients After these transactions, how much cash does the business have to work with? Use a T-account to show your answer Begin by posting the transactions, using the date as a posting reference. Then, label and calculate the ending balance, using "Bal" as the posting reference. Cash Jul 1 Jul 2 Jul 3 Jul 6