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GraceBaer, physiotherapist, opened a practice. The business completed the following transactions: Dec 1 Bearinvested $ 34,000 1.cash to start her practice. The business issued shares
GraceBaer, physiotherapist, opened a practice. The business completed the following transactions: Dec 1 Bearinvested $ 34,000 1.cash to start her practice. The business issued shares to Baer
2.Purchased medical supplies on account totalling $8600
Paid monthly office rent of $4,000 3.Recorded $8500 revenue for service rendered to patients, received cash of $2100,and sent bills to patients for the remainder. After these transactions, how much cash does the business have to work with? Use a T-account to show your answer.
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