In March, K. Haas, M.D., established the Haas Sports Injury Clinic. The clinic's account headings are presented below. Transactions completed during the month of March follow.

a. Haas deposited $48,000 in a bank account in the name of the business.
b. Paid the rent for the month, $2,200, Ck. No. 1000.
c. Bought supplies for cash from Medco Co., $2,138.
d. Bought professional equipment on account from Med-Tech Company, $18,000.
e. Bought office equipment on account from Equipment Depot, $1,955.
f. Sold professional services for cash, $8,960.
g. Paid on account to Med-Tech Company, $3,000, Ck. No. 1001.
h. Received and paid the bill for utilities, $472, Ck. No. 1002.
i. Paid the salary of the assistant, $1,738, Ck. No. 1003.
j. Sold professional services for cash, $10,196.
k. Haas withdrew cash for personal use, $3,500, Ck. No. 1004.
Required
1. Record the transactions and the balance after each transaction.
2. Total the left side of the accounting equation (left side of the equal sign), then total the right side of the accounting equation (right side of the equal sign). If the two totals are not equal, check the addition and subtraction. If you still cannot find the error, re-analyze each transaction.

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Assets = Liabilities + Owner's Equity Office Professional Accounts- , Cash + Supplies + Equipment + Equipment -Payable + Capital Drawing + Revenue Expenses