Try another version of this question Anik Bakshi opened a pain management practice in Local City and had the following transactions during the month of January. Journalize the transactions of Anik Bakshi's pain management practice.
January
1
Business received $48,000 cash as an investment from Bakshi.
5
Purchased medical supplies on account, $11,500
11
Performed services for patients receiving $2,900
15
Paid monthly rent of $2,350
23
Recorded $11,000 revenue for services rendered to patients on account
Date Description Debit Credit January 1 January 1 January 5 January 5 January 11 January 11 January 15 January 15 January 23 January 23 Date Description Debit Credit January 1 Cash 48,000 January 1 A. Bakshi, Capital 48,000 January 5 Medical Supplies 11,500 January 5 Accounts Payable 11,500 January 11 Cash 2,900 January 11 Service Revenue 2,900 January 15 Rent Expense 2,350 January 15 Cash 2,350 January 23 Accounts Receivable 11,000 January 23 Service Revenue 11,000