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Prepare the transactions in t accounts

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Question - Prepare the following transactions in T accounts

1. Cash patients paid $50,000 for services rendered.

2. Purchased an Investment for $60,000 and paid cash.

3. Billed insurance company for patient services $70,000.

4. Bought medical supplies on account $44,000.00.

5. Bought a parcel of land for future expansion. Received a mortgage for $500,000.

Reference no: EM133079333

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