Question
Journalize the transactions of AdamAdam GulloGullo, M.D. Include an explanation with each entry. (Record debits first, then credits. Select the explanation on the last line
Journalize the transactions of AdamAdam GulloGullo, M.D. Include an explanation with each entry. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Jan.Jan. 1: The business received $ 32 comma 000$32,000 cash and issued common stock to GulloGullo. Date Accounts and Explanation Debit Credit Jan. 1 Jan.Jan. 2: Purchased medical supplies on account, $ 16 comma 000$16,000. Date Accounts and Explanation Debit Credit Jan. 2 Jan.Jan. 4: Performed services for patients receiving $ 1 comma 400$1,400. Accounts and Explanation Debit Credit Jan. 4 Jan.Jan. 12: Paid monthly office rent of $ 2 comma 500$2,500. Date Accounts and Explanation Debit Credit Jan. 12 Jan.Jan. 15: Recorded $ 9 comma 000$9,000 revenue for services rendered to patients on account. Date Accounts and Explanation Debit Credit Jan. 15 Choose from any list or enter any number in the input fields and then continue to the next question.
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