Accrual basis accountingOasis Health Care Inc. is owned and operated by Dr. Geor

Accrual basis accountingOasis Health Care Inc. is owned and operated by Dr. George Hancock the sole stockholder.During January 2013 Oasis Health Care entered into the following transactions:Jan. 1 Received $15000 from Rivers Company as rent for the use of a vacant office in Oasis Health Care s building. Rivers paid the rent six months in advance.1 Paid $4200 for an insurance premium on a general business policy.6 Purchased supplies of $1800 on account.9 Collected $27500 for services provided to customers on account.11 Paid creditors $3000 on account.18 Invested an additional $25000 in the business in exchange for capital stock.20 Billed patients $62000 for services provided on account.25 Received $12900 for services provided to customers who paid cash.30 Paid expenses as follows: wages $24000; utilities $6000; rent on medical equipment $5000; interest $200; and miscellaneous $2500.30 Paid dividends of $15000 to stockholders (Dr. Hancock).InstructionsAnalyze and record the January transactions for Oasis Health Care Inc. using the integrated financial statement framework. Record each transaction by date and show the balance for each item after each transaction. The January 1 2013 balances for the balance sheet are shown below.