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Warren smith practices medicine under the business title Warren Smith M.D. During April, the medical practice completed the following transaction. April 1 Smith deposit $78,000

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Warren smith practices medicine under the business title Warren Smith M.D. During April, the medical practice completed the following transaction. April 1" Smith deposit $78,000 cash in the business bank account. The business gave capital to smith april sh Paid monthly rent on medical equipment $780 pril 9 paid $18,000 cash to purchase land for an office site purchased supplies on account $1200 pril 19th Borrowed $20000 from the bank for business use. Smith signed a note payable to the bank pril 22 paid $800 on account -pril 10 pril 30th Revenues earned during the month include $5,900 cash and $4,900 on account -pril 30 paid employees salaries $2,000 office rent $1800 and utilities $420. Make a single compand ntry April 30 Owners withdrew $9000

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