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3 of 4 -/20 == On July 31, 2024, Lee Anderson, MD, had the following balances in the ledger for his medical practice: Cash
3 of 4 -/20 == On July 31, 2024, Lee Anderson, MD, had the following balances in the ledger for his medical practice: Cash $8,800, Accounts Receivable $2,650, Supplies $550, Equipment $15,500, Notes Payable $10,210, Accounts Payable $890, L. Anderson, Capital $15,000, L. Anderson, Drawings $5,140, Service Revenue $10,180, Rent Expense $1,290, and Salaries Expense $2,350. Transactions during August 2024 follow: General Journal Date Account Titles Debit Credit 2024 Aug. 1 Rent Expense 1,290 Cash 1,290 10 Accounts Payable 410 Cash 410 12 Cash 2,950 Accounts Receivable 2,950 25 Salaries Expense 2,350 Cash 2,350 30 Notes Payable 505 Interest Expense 50 3 of 4 < (a) - / 20 = Cash 555 31 Cash 6,100 Accounts Receivable 2,720 Service Revenue 8,820 31 L. Anderson, Drawings 4,690 Cash Create T accounts and enter the July 31 balances. Cash 4,690 Accounts Receivable Supplies 3 of 4 < - / 20 === (a) Create T accounts and enter the July 31 balances. Cash Accounts Receivable Supplies Equipment Notes Payable Accounts Payable L. Anderson, Capital Lab #2 3 of 4 < > - / 20 = Equipment Notes Payable Accounts Payable L. Anderson, Capital L. Anderson, Drawings Service Revenue Rent Expense Salaries Expense Lab #2 3 of 4 - / 20 = Notes Payable Accounts Payable L. Anderson, Capital L. Anderson, Drawings Service Revenue Rent Expense Salaries Expense
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