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Hazel Garland, MD, opened a medical practice. The business completed the following transactions: Jul 1 Garland invested $34,000 cash to start her medical practice. The
Hazel Garland, MD, opened a medical practice. The business completed the following transactions: Jul 1 Garland invested $34,000 cash to start her medical practice. The business issued common stock to Garland. 2 Purchased medical supplies on account totaling $9,300. 3 Paid monthly office rent of $4,700. 6 Recorded $8,000 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
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