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Hannah Lyle, a medical doctor, opened a medical practice. The business completed the following transactions: Aug 1 Lyle invested $ 2 0 , 0 0
Hannah Lyle, a medical doctor, opened a medical practice. The business completed the following transactions:
Aug Lyle invested $ cash to start her medical practice. The business issued ordinary shares to Lyle.
Purchased medical supplies on account totaling $
Paid monthly office rent of $
Recorded $ revenue for service rendered to patients, received cash of $ and sent bills to patients for the remainder.
Which of the transactions of Hannah Lyle, increased the total assets of the business? For each transaction, identify the asset that was increased.
August : This first transaction total assets. The asset that increased was
August : This second transaction total assets. The asset that increased was Medical supplies,
August : This transaction total assets. The asset that increased wa
August : This transaction total assets. The assets that increased was were
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