More Info 6 9 Jan Samson invested $152,000 in the business, which in turn issued its common stock to her. Jan The business paid cash for land costing $67,000. Samson plans to build an office building on the land. Jan 12 The business purchased medical supplies for $1,400 on account Jan 15 Dr. Halena Samson, P.C., officially opened for business. Jan 15-31 During the rest of the month, Samson treated patients and earned service revenue of $9,000, receiving cash for half the revenue earned. Jan 15-31 The business paid cash expenses: employee salaries, $2,800; office rent, $1,600; utilities, $800. (Record the cash amount as a total and identify and record any other amounts separately.) Jan 31 The business sold supplies to another physician for cost of $800 and received cash. Jan 31 The business borrowed $38,000, signing a note payable to the bank. Jan 31 The business paid $1,100 on account. Print Done i Requirements. - X 1. Analyze the effects of these events on the accounting equation of the medical practice of Dr. Halena Samson, P.C. 2. After completing the analysis, answer these questions about the business. a. How much are total assets? b. How much does the business expect to collect from patients? c. How much does the business owe in total? d. How much of the business's assets does Samson really own? e. How much net income or net loss did the business experience during its first month of operations? Print Done enter any number in the input fields and then click Check Answer. Clear All Dr. Halena Samson opened a medical practice specializing in physical therapy. During the first month of operation (January), the business, titled Dr Halena Samson, Professional Corporation (P.C.), experienced the following events (Click the icon to view the events.) Read the requirements Requirement 1. Analyze the effects of these events on the accounting equation of the medical practice of Dr. Holena Samson, P.C. Begin with the first transaction on January 6. (Use parentheses or a minus sign when decreasing accounts. If an input field is not used in the table leave the fiel empty, do not enter a zero. Enter the transactions in the same order as they appear in the original list) Assets Liabilities Stockholders' Equity Accts Medical Accts Note Common Retained Type of Equity Cash Rec Land + Supplies - Pay + Payable + Stock Transaction + Earnings + Jan 6