Dan Bell practices medicine under the business title Dan Bell, M.D. During April, his medical practice engaged in the following transactions:

Bell's business uses the following accounts: Cash; Accounts Receivable; Supplies; Land; Accounts Payable; Notes Payable; Dan Bell, Capital; Dan Bell, Withdrawals; Service Revenue; Salary Expense; Rent Expense; Utilities Expense.

Requirement 

Journalize each transaction, as shown for April 1. Explanations are not required. 

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April 1 Bell deposited $70,000 cash in the business bank account. The business gave Bell owner's equity in the firm. 5 Paid monthly rent on medical equipment, $700. 9 Paid $22,000 cash to purchase land for an office site. 10 Purchased supplies on account, $1,200. 19 Borrowed $20,000 from the bank for business use. Bell signed a note payable to the bank in the name of the business. 22 Paid $1,000 on account. 30 Revenues earned during the month included $6,000 cash and $5,000 on account. 30 Paid employees' salaries ($2,400), office rent ($1,500), and utilities ($400). Make a single compound entry. 30 Withdrew $10,000 from the business for personal use.