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 February. Journalize the transactions of Anik Bakshi's pain management practice.
February
1
Business received $46,500 cash as an investment from Bakshi.
5
Purchased medical supplies on account, $14,000
10
Performed services for patients receiving $2,800
15
Paid monthly rent of $2,500
25
Recorded $10,500 revenue for services rendered to patients on account
Date Description Debit Credit February 1 February 1 February 5 February 5 February 10 February 10 February 15 February 15 February 25 February 25 Date Description Debit Credit February 1 Cash 46,500 February 1 A. Bakshi, Capital 46,500 February 5 Medical Supplies 14,000 February 5 Accounts Payable 14,000 February 10 Cash 2,800 February 10 Service Revenue 2,800 February 15 Rent Expense 2,500 February 15 Cash 2,500 February 25 Accounts Receivable 10,500 February 25 Service Revenue 10,500