Following is the chart of accounts of the C. Gervais Clinic: Assets Revenue 111 Cash 411 Professional Fees 113 Accounts Receivable 115 Supplies 117 Prepaid Insurance 124 Equipment Expenses 511 Salary Expense 512 Rent Expense 513 Laboratory Expense 514 Utilities Expense Liabilities 221 Accounts Payable Owner's Equity 311 C. Gervais, Capital 312 C. Gervais, Drawing Dr. Gervais completed the following transactions during July: July 1 Bought laboratory equipment on account from Laser Surgical Supply Company, $4,050, paying $1,555 in cash and placing the remainder on account, Ck. No. 1730. 3 Paid the office rent for the current month, $1,525, Ck. No. 1731. 5 Received cash on account from patients, $825. Bought supplies on account from McRae Supply Company, $800, Inv. No. 3455. 6 7 Received and paid the bill for laboratory services, $1,785, Ck. No. 1732. 8 Bought insurance for one year, $2,625, CK. No. 1733. 12 Performed medical services for patients on account, $6,758. 15 Performed medical services for patients for cash, $5,582. 16 The equipment purchased on July 1 was found to be broken. Dr. Gervais returned the damaged part and received a reduction in his bill, $584, Inv. No. 3162, Credit Memo No. 141. 18 Paid the salary of the part-time nurse, $2,520, Ck. No. 1734. 24 Received and paid the telephone bill for the month, $898, Ck. No. 1735. 28 Performed medical services for patients on account, $8,063. 29 Dr. Gervais withdrew cash for his personal use, $2,760, Ck. No. 1736. Required: 1. Journalize the transactions for July in the general journal, beginning on page 21. For compound entries, if an amount box does not require an entry, leave it blank. PAGE 21 GENERAL JOURNAL DOC. DATE DESCRIPTION POST. REF. DEBIT CREDIT NO. 20-- Jul. 1 Bought laboratory equipment from Laser Surgical Supply Company, Ck. No. 1730. Jul. 3 Paid the month's rent, Ck. No. 1731. Jul. 5 Received on account. Jul. 6 Bought supplies from McRae Supply Company, Inv. No. 3455. Jul. 7 Paid for laboratory services, Ck. No. 1732. Jul. 8 Bought insurance for one year, Ck. No. 1733. Jul. 12 Performed medical services on account. Jul. 15 Performed medical services. Journalize the transactions for July in the general journal, concluding on page 22. Journalize the transactions for July in the general journal, concluding on page 22. GENERAL JOURNAL PAGE 22 DATE DESCRIPTION DOC. NO. POST. REF. DEBIT CREDIT 20-- Jul. 16 Returned damaged equipment, Inv. No. 3162, Credit Memo No. 141. Jul. 18 Paid part-time nurse's salary, Ck. No. 1734. Jul. 24 Paid the telephone bill, Ck. No. 1735. Jul. 28 Performed medical services on account. Jul. 29 Withdrew cash for personal use, Ck. No. 1736. The balances of the accounts as of June 30 have been recorded in the general ledger. Notice the word Balance in the Item column, the check mark in the Post. Ref. column, and that the amount is in the Balance column only. This indicates a balance brought forward from a prior page or month. 2. Post the amounts to the general ledger account for cash. List the accounts in chronological order. If no amount is required, leave the entry box blank. ACCOUNT Cash ACCOUNT NO. 111 POST. BALANCE DATE ITEM REF. DEBIT CREDIT DEBIT CREDIT 20- June 30 Balance 37,485 July 21 21 21 21 21 21 22 22 22 Post the amounts to the general ledger account for Accounts Receivable. If no amount is required, leave the entry box blank. ACCOUNT Accounts Receivable ACCOUNT NO. 113 POST. BALANCE DATE ITEM REF. DEBIT CREDIT DEBIT CREDIT 20-- June 30 Balance 1,040 July 21 21 22 Post the amounts to the general ledger account for Supplies. If no amount is required, leave the entry box blank. ACCOUNT Supplies ACCOUNT NO. 115 BALANCE POST. REF. DATE ITEM DEBIT CREDIT DEBIT CREDIT 20-- July 21 Post the amounts to the general ledger account for Prepaid Insurance. If no amount is required, leave the entry box blank. ACCOUNT Prepaid Insurance ACCOUNT NO. 117 POST. BALANCE DATE ITEM REF. DEBIT CREDIT DEBIT CREDIT 20-- June 30 Balance 695 July 21 Post the amounts to the general ledger account for Equipment. If no amount is required, leave the entry box blank. ACCOUNT Equipment ACCOUNT NO. 124 POST. BALANCE DATE ITEM REF. DEBIT CREDIT DEBIT CREDIT 20-- June 30 Balance 17,550 July 21 22 Post the amounts to the general ledger account for Accounts Payable. If no amount is required, leave the entry box blank. ACCOUNT Accounts Payable ACCOUNT NO. 221 POST. BALANCE DATE ITEM REF. DEBIT CREDIT DEBIT CREDIT 20-- June 30 Balance 2,406 July 21 21 22 Post the amounts to the general ledger account for C. Gervais, Capital. If no amount is required, leave the entry box blank. ACCOUNT C. Gervais, Capital ACCOUNT NO. 311 POST. BALANCE DATE ITEM REF. DEBIT CREDIT DEBIT CREDIT 20-- June 30 Balance 54,364 Post the amounts to the general ledger account for C. Gervais, Drawing. If no amount is required, leave the entry box blank. ACCOUNT C. Gervais, Drawing ACCOUNT NO. 312 POST. BALANCE DATE ITEM REF. DEBIT CREDIT DEBIT CREDIT 20-- July 22 Post the amounts to the general ledger account for Professional Fees. If no amount is required, leave the entry box blank. ACCOUNT Professional Fees ACCOUNT NO. 411 POST. BALANCE DATE ITEM REF. DEBIT CREDIT DEBIT CREDIT 20-- July 21 21 22 Post the amounts to the general ledger account for Salary Expense. If no amount is required, leave the entry box blank. ACCOUNT Salary Expense ACCOUNT NO. 511 POST. BALANCE DATE ITEM REF DEBIT CREDIT DEBIT CREDIT 20- July 22 Post the amounts to the general ledger account for Rent Expense. If no amount is required, leave the entry box blank. ACCOUNT Rent Expense ACCOUNT NO. 512 POST BALANCE DATE ITEM REF. DEBIT CREDIT DEBIT CREDIT 20-- July 21 Post the amounts to the general ledger account for Laboratory Expense. If no amount is required, leave the entry box blank. ACCOUNT Laboratory Expense ACCOUNT NO. 513 POST. BALANCE DATE ITEM REF. DEBIT CREDIT DEBIT CREDIT 20-- July 21 Post the amounts to the general ledger account for Utilities Expense. If no amount is required, leave the entry box blank. ACCOUNT NO. ACCOUNT Utilities Expense 514 POST. BALANCE DATE ITEM REF. DEBIT CREDIT DEBIT CREDIT 20-- July 22