1).

Rebecca Sterbeck opened a medical practice. During July, the first month of operation, the business, tried Rebecca Steinbeck, MD. operienced the following events: (Click the icon to view the transactions.) Analyze the effects of these events on the counting on of the indical practice of Rebecca Server, MD. Analyze the events chronolog caly, ang transaction at a time, beginning with the transar on on the 6n. For each transaction that tolleras the transaction on the in, calculate the balanse near account after analyzing its rttect on the accounting equation. (Compiche only the necessary answer haxas far your transaction Ines Da warlar any zero for your transaction In For Andamions with A RAMA, A sure to enter Asch transaction on A SADAYANA line in the order presented in the ambiem. Carry down al balance to the Fall" Ina, including zaio balance Auto Antering av for any 2010 balances. Enter a decrease in an account with a minus sign or parentheses. Abbreviations used AP Accounts Payable. Com. - Commer, Contr. Contributed Div. - Dividende. Exp. - Expense Lisb. Liablilies Med. - Medical Rex Revenue sal. = 5alaries. 3u8 - Supplies Assets Liab. + Equity Contr. + Caata + Cam. CASH + Mad + + Land = AP DN. + Retained Earning + Service SA Fox Exp Rent - LIHIHAS i More Into Sub. Slock Exp. Exp. 716 + + + - + + 719 BAI. . + = + 7/12 Bal. ++ + + - + Received a controution of S72.000 from Steinbeck and opened a bank accountin Jul. 6 the name of R. Steinbeck, MD. The curporation issued common slock lu Steinbeck. . Jul. Paid $40,000 cash for land. Jul. 12 Purchased medical supplies for S2 till on account Jul. 15 Oficially opened for business Jul. 20 Paid cash expenses employees salaries, $1,700; ufficerent, 9800; utilities, $350. Jul. 31 Earned serverovenue for the month $115,000, coming cash. Jul 31 Pald $1 700 on account + + + 7715 Bal. + + 720 + HUICINITO + 1 HOLI OLI Bal. + 7131 Print Done Ral 7/31 Bul