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owing Requirements assets Dr. Evensen has the following questions about his practice after the first month of operations. Provide him with the answers. a. What

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owing Requirements assets Dr. Evensen has the following questions about his practice after the first month of operations. Provide him with the answers. a. What are the total assets of the practice? b. How much is owing to the practice from patients? c. How much does the practice owe in total? d. How much of the practice's assets does Dr. Evensen have a claim to? e. How much net income did the practice earn? Aug. 6 Evensen invested $36,000 in the business, which in turn issued its common shares to him. 9 The business paid cash for land costing $28,000. Evensen plans to build a professional services building on the land. 12 The business purchased dental supplies for $2,100 on account 15 Chris Evensen Dental Clinic Ltd. officially opened for business. 15-31 During the rest of the month, Evensen treated patients and eamed service revenue of $8,300, receiving cash for half the revenue earned. 15-31 The practice paid cash expenses: employee salaries, $1,300; office rent, $1,100; utilities, $1,200 31 The practice used dental supplies with a cost of $600. 31 The practice borrowed $11,000, signing a note payable to the bank. 31 The practice paid $800 on account to a supplier. and a dental practice. During the first month of operation (August), the practice, ted Chris Evensen Dental Clinic Led, experienced the following events Click the icon to view the events) Requirements Dr. Ohara has the following questions about his practice after the first month of operations a. What are the town their

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