ework: Assignment 2A list 1 K Question 1, E2-17 (similar to) Part 1 of 5 HW Score: 11.1%, 7.33 of 66 points O Points: 0 of 51 John Favata opens a dental practice. During the first month of operation (March), the practice, titled John Favata Dental Clinic Ltd, experienced the following events (Click the icon to view the events.) Requirements Events Mar 6 Favata invested $44,000 in the business, which in turn issued its common shares to him 9 The business paid cash for land costing $25,000. Favata plans to build a professional services building on the land 12 The business purchased dental supplies for $1,600 on account 15 John Favata Dental Clinic Ltd. officially opened for business 15-31 During the rest of the month. Favata treated patients and earned service revenue of $2,500, receiving cash for half the revenue eamed 15-31 The practice paid cash expenses: employee salaries, $800; office rent, $1,400; utilities, $100. 31 The practice used dental supplies with a cost of $950. 31 The practice borrowed $12,000, signing a note payable to the bank 31 The practice paid $900 on account to a supplier Print Done - X this Calculator Ask my instructor Clear all Final cl DICTRA FAST