Question 2 of 3 < > 0.48/3 Izabela Jach opened a medical office under the name Izabela Jach, MD, on August 1, 2024. On August 31, the balance sheet showed Cash $3,000; Accounts Receivable $1,500; Supplies $600; Equipment $7,500; Accounts Payable $5,500; Note Payable $3,000; and I. Jach, Capital, $4,100. During September, the following transactions occurred: Sept. 4 Collected $800 of accounts receivable. 5 7 Provided services of $10,500, of which $7,700 was collected from patients and the remainder was on account. Paid $2,900 on accounts payable. 12 Purchased additional equipment for $2,300, paying $800 cash and leaving the balance on account. 15 Paid salaries, $2,800; rent for September, $1,900; and advertising expenses, $275. 18 Collected the balance of the accounts receivable from August 31. 20 Withdrew $1,000 for personal use. Borrowed $3,000 from the Bank of Montreal on a note payable. 26 28 289 Signed a contract to provide medical services, not covered under the government health plan, to employees of CRS Corp. in October for $5,700. CRS Corp. will pay the amount owing after the medical services have been provided. Received the telephone bill for September, $325. 30 Billed the government $10,000 for services provided to patients in September. Question 1 of 4 < > Accounts receivable 4,090 Supplies 840 Equipment 7,350 Accounts payable $2,500 T.Zelinski, capital 24,000 T.Zelinski, drawings 3,650 Service revenue 6,750 Advertising expense 3,700 Salaries expense 400 Totals $35,930 $30,150 A review shows that Terry made the following errors in the accounting records: 1. A purchase of $400 of supplies on account was recorded as a credit to Cash. The debit entry was correct. 2. A $100 credit to Accounts Receivable was posted as $1.000. 3. A journal entry to record service revenue of $770 earned on account was not prepared or posted. -/2 E 4. A journal entry to record the payment of $240 for an advertising expense was correctly prepared but the credit to cash was posted as a debit. The debit to Advertising Expense was properly posted.