Dr. Ava Cohen opened a medical practice specializing in physical therapy. During the first month of operation (December), the business, titled Dr. Ava Cohen, Professional Corporation (P.C.), experienced the following events: i (Click the icon to view the events.) Requirement 1. Record the transactions in the journal of Dr. Ava Cohen, P.C. List the transactions by date and give an explanation for each transaction. (Record debits first, then credits. Select explanations on the last line of the journal ent leave all other fields blank.) Dec 6: Cohen invested $139,000 in the business, which in turn issued its common stock to her. More info Date Dec Journal Entry Accounts and Explanations Debit Credit Dec 6 Cohen invested $139,000 in the business, which in turn issued its common stock to her. Dec 9 The business paid cash for land costing $56,000. Cohen plans to build an office building on the land. Dec 12 Dec 15 The business purchased medical supplies for $2,300 on account. Dr. Ava Cohen, P.C., officially opened for business. Dec 15-31 Dec 9: The business paid cash for land costing $56,000. Cohen plans to build an office building on the land. Journal Entry Date Dec Accounts and Explanations Debit Credit Dec 31 Dec 31 Dec 31 During the rest of the month, Cohen treated patients and earned service revenue of $9,500, receiving cash for half the revenue earned. Dec 15-31 The business paid cash expenses: employee salaries, $2,600; office rent, $1,300; utilities, $1,700. The business sold medical supplies to another physician for cost of $900 and received cash. The business borrowed $35,000, signing a note payable to the bank. The business paid $900 on account. Dec 12: The business purchased medical supplies for $2,300 on account. Journal Entry Print Done