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 August. Journalize the transactions of Anik Bakshi's pain management practice.
August
2
Business received $44,500 cash as an investment from Bakshi.
4
Purchased medical supplies on account, $12,500
12
Performed services for patients receiving $2,600
16
Paid monthly rent of $2,300
22
Recorded $11,500 revenue for services rendered to patients on account
Date Description Debit Credit August 2 August 2 August 4 August 4 August 12 August 12 August 16 August 16 August 22 August 22 Date Description Debit Credit August 2 Cash 44,500 August 2 A. Bakshi, Capital 44,500 August 4 Medical Supplies 12,500 August 4 Accounts Payable 12,500 August 12 Cash 2,600 August 12 Service Revenue 2,600 August 16 Rent Expense 2,300 August 16 Cash 2,300 August 22 Accounts Receivable 11,500 August 22 Service Revenue 11,500