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Sandy Moynihan, MD, opened a medical practice. The business completed the following transactions Jul 1 Moynihan invested $32,000 cash to start her medical practice. The
Sandy Moynihan, MD, opened a medical practice. The business completed the following transactions Jul 1 Moynihan invested $32,000 cash to start her medical practice. The business issued common stock to Moyniharn 2 Purchased medical supplies on account totaling $9,000. 3 Paid monthly office rent of $5,000 6 Recorded $8,500 revenue (in cash) for service rendered to patient:s After these transactions, how much cash does the business have to work with? Use a T-account to show your answer. Begin by posting the transactions, using the date as a posting reference.Then, label and calculate the ending balance, using "Bal" as the posting reference Cash
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