(Click the i Requirements Verde Yengling practices medicine under the business title Verde Yengling, M. D. During July, the medical practice completed the following transactions: i (Click the icon to view the transactions.) Read the requir Requirement 1. Journalize each transaction. Explanations are not required. (Record debits first, then credits. Exclude explanations from jo 1. Journalize each transaction. Explanations are not required. 2. Post the journal entries to the T-accounts, using transaction dates as posting references in the ledger accounts. Label the balance of each account Bal. 3. Prepare the trial balance of Verde Yengling, M. D., as of July 31, 2018. July 1: Yengling contributed $60,000 cash to the business in exchange for capital. Date Accounts Debit Credit Jul. 1 Print Done More Info Jul. 1 Yengling contributed $60,000 cash to the business in exchange for capital. Jul. 5 Paid monthly rent on medical equipment, $530. Jul. 9 Paid $13,000 cash to purchase land to be used in operations. Jul. 10 Purchased office supplies on account, $1,300. Jul. 19 Borrowed $30,000 from the bank for business use. Jul. 22 Paid $1,100 on account. The business received a bill for advertising in the daily newspaper to be paid in Jul. 28 August, $300. Jul. 31 Revenues earned during the month included $6,900 cash and $6,100 on account. Paid employees' salaries $3,000, office rent $1,700, and utilities $600. Record as a Jul. 31 compound entry. The business received $1,340 for medical screening services to be performed next Jul. 31 month. Jul. 3 Yengling withdrew cash of $6,900. Choose from any list or enter any number in the input fields and then click Check Answer. 23 parts Clear All remaining