Assigned Media Question Help E1-29 (similar to) Sapon opened a medical practice. During.wy, the first month of operation, the business, Bled Lucy Sampson, MD, experienced the following events to the transactions) A Analyze the effects of these events on the accounting equation of the medical practice of Lucy Sampson, MD Analyze the events chronologically one transaction at a time, beginning with the transaction on the oth For each action that follows the transaction on the oth calculate the balance in each counter analye effect on the accounting equation (Complete only the necessary answer boxes for your transaction lines. Do not enter any eros for your transaction lines. For transactions with the same date be sure to enter transaction on a line in the order presented in the problem. Carry down balances to the alre, including er blanc courts, entering a form er balances Enter a decrease in minus sign or parentheses. Abbreviations used. NP Accounts Payable: Com. Common Contr. - Contributed, Div. - Dividends:Exp. - Expense Lib. L e s Med. - Medio Rex Revenue Sal-Salarie Assets Liab. . Equity Contr. Retained Earnings Enter any number in the edit fields and then click Check Answer Check Answer 6 Type here to search 10 pts 509 complete) 29 (similar to) son opened a medical practice. During the first month of operation, the business, titled Lucy Sampson, MD, experienced the following events the icon to view the transactions) dects of these events on the accounting equation of the medical practice of Lucy Samson, MD e events chronologically, one transaction a time, beginning with the transaction on the oth For each tansaction that follows the transaction on the oth e accounting equation (Complete only the necessary answer boxes for your transaction lines. Do not enter any zeros for your transaction lines I Forte non appardeline in the order presented in the proble mor parentheses. Abbreviations used: AJP Accounts More Info - XL Assets Liab Cash & Med Land - AP - Con JULO Received a contribution of $72,000 from Sampson and opened a bank account in the name of L Sampson, MD. The corporation issued common stock to Sampson 9 Paid $38,000 cash for land. 12 Purchased medical supplies for $1.800 on account 15 Officially opened for business 20 Paid cash expenses employees' salaries, 51.000, office rent. 5800 utilities. $150 31 Eamed service revenue for the month $11,000. receiving cash 31 Paid $1,300 on account. Print Done any number in the edit fields and then click Check Answer Type here to search Lucy Sampon opened a medical practice. During-tuly, the rest month of operation, the businessed Lusy Sampson, MD, r ed the following is Anths of these w on the wrong order of Sampon Ant e begin with the con t raction on the cute teen each account walangit pentrs Abrons AP Account Common Core Corbu - Ouderen d e Assets Equity Capital + Retained Earnings - Sal Rent Land AP + Com Cash + Med Sup 48000 + Rev Exp. Exp EX 718 Stock 48000
