al practice. During July, the first month of operation, the business, titled Ashley Stamper, MD, experienced the following events ansactions) its on the accounting equation -X More Info ly, one transaction at a time, b ete only the necessary answer problem Carry down all balan nts Payable: Com = Common Jate the balance in each account af he same date, be sure to enter eac use in an account with a minus sign ue: Sal. = Salaries, Sup. = Supplies Liab. Cod Car Received a contribution of $68,000 from Stamper and opened a bank account in the Jul. 6 name of A Stamper, MD. The corporation issued common stock to Stamper Jul. 9 Paid $56,000 cash for land Jul. 12 Purchased medical supplies for $1.500 on account Jul. 15 Officially opened for business Jul. 20 Paid cash expenses employees' salaries, 51,300; office rent, S1,500 utilities, $100. Jul. 31 Earned service revenue for the month, $13,000, receiving cash Jul 31 Paid $1,050 on account Land AP + S + Print Done S and then click Check Answer Score: 0 of 1 pt 2 of 3 (0 complete HW Score: 0 of 8 pts Question Help EF1-29 (book/static) Ashley Stamper opened a medical practice During July, the first month of operation, the businessed Arey Stamper, MD, experienced the following events Click the icon to view the transaction) Analyze the effects of these events on the accounting equation of the medical practice of Ashley Stamper, MD. Analyze the events chronologically one tramaction at a time boginning with the transaction on the far each transaction that follows the ansaction on the oth calculate the balance in each account the analyzing settuctom the accounting equation (Complete only the necessary answer boxes for your transaction lines (Do not enter any reres for your action lines. For ansactions with the same dabar each conna line in the order presented in the problem Carry down all balances to the Ballin, Including more balance account, storing or any or balances Enter a decrease in an account with a sorpreses Abbreviations used AP Accounts Payable.Com - Common Conte Corbud Dividends: Ex Expense Liabilities Med Medical Rex Revenue Sal Sales Sup Supplies) Assets I lab Con Capital - Retained in Cash Land AP Com DM + Service Rent Sup Rev Ep Ep Exp 776 2 Enter any rumber in the editfelds and then click Check Answer Check A CWA 6. remaining