Dr. Angela Anderson opened a medical practice specializing in physical therapy. During the first month of operation (July), the business, titled Dr. Angela Anderson, Professional Corporation (P.C.), experienced the following events: (Click the icon to view the events.) Requirement 1. Record the transactions in the journal of Dr. Angela Anderson, P.C. List the transactions by date and give an explanation for each transaction. (Record debits first, then credits. Select explanations on the last line of the journal entry table. If an entry is not required, select "No entry required" on the first line of the table and leave all other cells blank.) Jul 6: Anderson invested $144,000 in the business, which in turn issued its common stock to her. Date Jul Journal Entry Accounts and Explanations Debit Credit Jul 6 Anderson invested $144,000 in the business, which in turn issued its common stock to her. 9 The business paid cash for land costing $61,000. Anderson plans to build an office building on the land. 12 The business purchased medical supplies for $2,100 on account. 15 Dr. Angela Anderson, P.C., officially opened for business. 15-31 During the rest of the month, Anderson treated patients and earned service revenue of $8,900, receiving cash for half the revenue earned. 15-31 31 31 The business paid cash expenses: employee salaries, $2,600; office rent, $1,100; utilities, $1,800. The business sold medical supplies to another physician for cost of $900 and received cash. The business borrowed $30,000, signing a note payable to the bank. 31 The business paid $1,200 on account.