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Susie Baer, physiotherapist, opened a practice. The business completed the following transactions: Oct 1Baer invested $29,000 cash to start her practice. The business issued shares
Susie Baer, physiotherapist, opened a practice. The business completed the following transactions: Oct 1Baer invested $29,000 cash to start her practice. The business issued shares to Baer. 1Purchased medical supplies on account totalling $8,400. 2Paid monthly office rent of $4,500. 3Recorded $7,500 revenue for service rendered to patients, received cash of $1,000, and sent bills to patients for the remainder. After these transactions, how much cash does the business have to work with? Use a T-account to show your answer. (Leave unused cells blank.) Cash Oct 2 4500 1 31 29000 Oct 1000 Bal 30000 5500
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