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Record the transaction for the month of January 2020 and create a balance sheet. 10 During the month of January 2020, the following transactions took

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Record the transaction for the month of January 2020 and create a balance sheet.

10 During the month of January 2020, the following transactions took place: Jan 2 Acquired supplies on account, 17 500 6 Collected 82 000 from patients for services provided in 2019 Acquired nursing equipment on account 35 000 11 Billed patients 167 000 for nursing fees 12 Paid 31 000 on accounts payable 17 Paid nursing salaries, 24 000 Paid utilities expense, 9 000 25 Medina withdrew 10 000 from the business 27 Received a bill from Ryan Morales Ad Company for 12 500 for advertising expense incurred during the month 31 Paid 15 000 of the notes payable 20

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