daijanaehamilton22 daijanaehamilton22

16-02-2024
Mathematics

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JohnJohn DanielDaniel opened a medical practice in Sacramento comma CaliforniaSacramento, California, and had the following transactions during the month of JanuaryJanuary.

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Journalize the transactions of JohnJohn DanielDaniel, M.D. Include an explanation with each entry. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.)
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Jan. 1
The business received $34,000 cash and gave capital to Daniel.
Jan. 2
Purchased medical supplies on account, $17,000.
Jan. 4
Performed services for patients receiving $1,600.
Jan. 12
Paid monthly office rent of $3,000.
Jan. 15
Recorded $7,000 revenue for services rendered to patients on account.

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