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Gloria Varay, MD, opened a medical practice. The business completed the following transactions: July 1 Varay invested $29, 000 cash to start her medical practice.

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Gloria Varay, MD, opened a medical practice. The business completed the following transactions: July 1 Varay invested $29, 000 cash to start her medical practice. The business issued common stock to Varay. 2 Purchased medical supplies on account totaling $9, 200. 3 Paid monthly office rent of $4, 000. Recorded $7, 100 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

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