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The following transactions were engaged in during the month of March by Dr. Scott Braunstein: Opened his practice by investing $50,000 in the business. Bought
The following transactions were engaged in during the month of March by Dr. Scott Braunstein:
- Opened his practice by investing $50,000 in the business.
- Bought office equipment for $27,000 on account from Medical Products, Inc.
- Paid $2,000 for various medical supplies for the office.
- Received $11,600 in fees earned during the first month of operations
- Paid office rent for the month, $900
- Paid medical assistant salary for the month, $ 1,800
- Paid Medical Products, Inc. $3,000 on account
- Withdrew $1,500 for personal use.
Enter each transaction in the following form.
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