Reference no: EM132642142
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.