Five Transactions 

Oct. 1 Dr. Rex Arnold opened his practice by investing $30,000 cash in his business. 

        2 Purchased $17,000 of office equipment on account from Medical Products, Inc. 

        18 Paid $7,000 on account to Medical Products, Inc. 

        20 Received $3,500 of fees earned in October. 

        30 Paid monthly salaries of $1,500. 

My answer was $56,500=$13,500+$14,500 but not sure if it’s correct. Thank you
(I would appreciate it if you can show me the work in the same format as the file uploaded)

Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
Use Discount Code "Newclient" for a 15% Discount!

NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.