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How do prepare the transaction for august

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Reference no: EM132641474

Aug7 Sent bills to some patients he treated 2,000

Aug17 collected cash from patients billed last august 7

Aug 23 purchased additional medical equipment on credit 30,000

Sept 10 Received a 30 day note from a patient treated during the day 3,000

Sept 15 gave a partial payment of 10,000 for the equipment bought last aug 23 and gave a note for the balance

Sept 26 collected 1/2 of the note on sept 10 plus interest of 100

Sept 28 Sent bills to patients treated 12,000. Collected 2,000 and the balance on credit

Sept 31 paid the note on sept 15 plus interest of 200

Question 1: Prepare the transaction.

Reference no: EM132641474

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