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On July 31, 2021, Lee Meche, MD, had the following balances in the ledger for his medical practice: Cash $8,760, Accounts Receivable $2,630, Supplies
On July 31, 2021, Lee Meche, MD, had the following balances in the ledger for his medical practice: Cash $8,760, Accounts Receivable $2,630, Supplies $530, Equipment $15,300, Notes Payable $10,590, Accounts Payable $810, L. Meche, Capital $15,000, L. Meche, Drawings $5,330, Service Revenue $9,260, Rent Expense $1,010, and Salaries Expense $2,100. Transactions during August 2021 follow:
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Accounting Information Systems
Authors: Marshall B. Romney, Paul J. Steinbart
13th edition
133428532, 978-0133428537
