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 October. Journalize the transactions of Anik Bakshi's pain management practice.
October
1
Business received $40,500 cash as an investment from Bakshi.
6
Purchased medical supplies on account, $14,500
12
Performed services for patients receiving $2,900
15
Paid monthly rent of $2,500
24
Recorded $10,500 revenue for services rendered to patients on account
Date Description Debit Credit October 1 October 1 October 6 October 6 October 12 October 12 October 15 October 15 October 24 October 24 Date Description Debit Credit October 1 Cash 40,500 October 1 A. Bakshi, Capital 40,500 October 6 Medical Supplies 14,500 October 6 Accounts Payable 14,500 October 12 Cash 2,900 October 12 Service Revenue 2,900 October 15 Rent Expense 2,500 October 15 Cash 2,500 October 24 Accounts Receivable 10,500 October 24 Service Revenue 10,500