Question: Problem 1 . 8 A Question 1 of 1 - 1 1 0 0 Izabela Pharoah opened a medical office under the name Izabela Pharoah,

Problem 1.8A
Question 1 of 1
-1100
Izabela Pharoah opened a medical office under the name Izabela Pharoah, MD, on August 1,2024. On August 31, the balance sheet showed Cash $3,360; Accounts Receivable $1,680; Supplies $672; Equipment $8,400; Accounts Payable $6,160; Note Payable $3,360; and I. Pharoah, Capital, $4,592. During September, the following transactions occurred:
Sept. 4 Collected $896 of accpunts receivable.
5 Provided services of $11,760, of which $8,624 was collected from patients and the remainder was on account.
7 Paid $3,248 on accounts payable.
12 Purchased additional equipment for $2,576, paying $896 cash and leaving the balance on account.
15 Paid salaries, $3,136; rent for September, $2,128; and advertising expenses, $316.
18 Collected the balance of the accounts receivable from August 31.
20 Withdrew $1,120 for personal use.
SUPPOI
26 Borrowed $3,360 from the Bank of Montreal on a note payable.
28 Signed a contract to provide medical services, not covered under the government health plan, to employees of CR
My question is -
Answer how did you find answer numbr 18, only show me the profe

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