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Emily Sampson opened a medical practico. During July, the first month of oparation, the business, titled Emiy Sampson, MD, experienced the fallowing avents i(Click the

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Emily Sampson opened a medical practico. During July, the first month of oparation, the business, titled Emiy Sampson, MD, experienced the fallowing avents i(Click the icon to view the transactions.) Analyze the effects of these events on the accouning equation of the medical practice of Emily Sampson, MD nalyze en s ron logica y, one transaction attime, egm g with the ransa tion on the 6th. Fur euch ransaction ha luws the tansaction on he 6 i calculate he a ance m each account a er ar yang is effect un t e accu r ng equation (Complete oly he necessary ans er boxes r your transaction lines Do not enter any zeros for your transaction lines] For transactions with the same date, be sure to enter each transaction on a spaae line in the order presented in the problem. Carry down all balances to the Bal.:"line, including zero balance accounts, entering a "0" for any zero balances Enter a decrease in an account with a minus sign or parentheses. Abbreviations used:NP- Accounts Payable; Com-Common; Contr.-Contributed, Di -Dividends Exp Expense; Liab-Liabilrics Med -Medical Rev-Revenuc Sal Salarics Sup.-Supplies) Liab. + Contr Capilal Relined Erings More Info Cash Med.Land APComDiv t Service Sal. Rent Sluck Rev. Exp. Jul 6 Received contribution of $45,000 from Sampson and opened bank account in the name of E. Sampson, MD. The corporation iscued common stock to Sampson Dal 9 Paid 540 000 cash tor land 7/12 12 Purchased medical supplies for $2 100 on account 5Officially apanad for business 20 Paid cesh expenses employees' salaries, $800, office rent, 5700 uiRies, $200 1 Earned service revanue for the month, $9,000, rocoiving cath Bal. 31 Paid $1,700 on account Bal. Fint Done Bal. Enter amy number in the cdrt ficlds and then continuc to the next qucstion. Emily Sampson openad a madical practice During Juty, the first month of oparation, the business, thled Emily Sampson, MD, experiencad the following evants (Click the icon to view the transactions) Analyza tha affacts of these avents on the accounting equation of tha madical practica of Emily Sampson, MD Liab. Equity Contr Capital Rant - Usilities CashMed LandAP Com O.Searvice Sal. Stock Rev Exp Exp Exp More Into 7/9 Bal Jul 6 Receved a contribution of $45,000 from Sampson and opaned a bank account in the name of E. Sampson, MD. The coeporation ssued common stock to Sampeon. 9 Pald S40,000 cash for land. 12 Purchased medical supples for $2,100 on account 15 Officially opaned for business 20 Paid cash expanses emplayees salares, $000 office rent, $700 utiities $200 31 Earned service revenue for the month, 59,000, receiving cash. 7/15 Bal 7/20 Bal 7/31 31 Paid $1,700 on account Bal. 7/31 Prnt Done Enter any number in the edit fields and then continue to the next

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