Part III Record the following transactions in a T account

1. Paid $500,000.00 for malpractice insurance DR CR DR CR

2. Purchased stock of DDD as an investment $500,000.00 DR CR DR CR

3. Purchased medical supplies of $300,000.00 on account DR CR DR CR

4. Received 4700,000.00 from patients who paid cash DR CR DR CR

5. Received $17,980.00 as income from investments DR CR DR CR