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Helen Moynihan, physiotherapist, opened a practice. The business completed the following transactions: May 1 Moynihan invested $32,000 cash to start her practice. The business issued

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Helen Moynihan, physiotherapist, opened a practice. The business completed the following transactions: May 1 Moynihan invested $32,000 cash to start her practice. The business issued shares to Moynihan 1Purchased medical supplies on account totalling $9,100 2Paid monthly office rent of $6,000 3Recorded $7,500 revenue for service rendered to patients, received cash of $1,000, 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. (Leave unused cells blank.) Cash May May Bal

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