More Info X Jan. 1 The business received $34,000 cash and issued common stock to Jackson. 2 Purchased medical supplies on account, $15,000. 4 Performed services for patients receiving $2,000 12 Paid monthly office rent of $2,400. 15 Recorded $12,000 revenue for services rendered to patients on account. Trent Jackson opened a medical practice in Stockton, California, and had the following transactions during the month of January. Click the icon to view the January transactions.) Journalize the transactions of Trent Jackson, 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. 1: The business received $34,000 cash and issued common stock to Jackson Date Accounts and Explanation Debit Credit Jan. 1