Following is the chart of accounts of the C. Lucern Clinic: Assets Revenue 111 Cash 411 Professional Fees 113 Accounts Receivable 115 Supplies Expenses 117 Prepaid Insurance 511 Salary Expense 124 Equipment 512 Rent Expense 513 Laboratory Expense Liabilities 514 Utilities Expense 221 Accounts Payable Owner's Equity 311 C. Lucern, Capital 312 C. Lucern, Drawing 5 Dr. Lucern completed the following transactions during July July 1 Bought laboratory equipment on account from Laser Surgical Supply Company, $3,660, paying 51,660 In cash and placing the remainder on account, Cx. No. 1730 3 Paid the office rent for the current month, $1,300, Ok. No. 1731. Received cash on account from patients, $360. 6 Bought supplies on account from McRae Supply Company, $315. Inv. No. 3455 Received and paid the bill for laboratory services, $1,380, Q. No. 1732 B Bought insurance for one year, $2,650, CK No. 1733 12 Performed medical services for patients on account, $5,886. 15 Performed medical services for patients for cash. 54.792 Check My Work Previous Not > 7 5 7 15 Received cash on account rom pauents, 360, 6 Bought supplies on account from McRae Supply Company, $315, Inv. No. 3455 Received and paid the bill for laboratory services, $1,380, Ck. No1732 8 Bought insurance for one year, $2,650, CK No. 1733 12 Performed medical services for patients on account, $5,886. Performed medical services for patients for cash, 54,793 16 The equipment purchased on July 1 was found to be broken, Dr. Lucern returned the damaged part and received a reduction in his bil, $518, Inv. No. 3162. Credit 18 Paid the salary of the part-time nurse, $2,100, CK. NO. 1734. 24 Received and paid the telephone bill for the month, 5624, No. 1735 28 Performed medical services for patients on account. $7,381. 29 Dr. Lucern withdrew cash for his personal use, $2,000. Ok, No. 1736. Ired: oumalize the transactions for July in the general Journal, beginning on page 1. For compound entries. If an amount box does not require an entry, leave it blank GENERAL JOURNAL PAGE 2 DOC. DATE DESCRIPTION POST. REF. DESIT CREDIT NO ul. 1 Equipment Cash Accounts Payable Bought laboratory equipment from Laser Surgical Supply Company. O No. 1730 Rent Expense Previous Check My Work Email instructor Save and All work saved Submit Anment for Grading e Du 200 PT 30 F3 FS + A $ > 0 8 9 7 3 5 6 { 1 0 P. E R Y T eBook DATE DESCRIPTION POST. REF. DEBIT CREDIT NO. 20 - Jul: 1 Equipment Cash Accounts Payable Bought laboratory equipment from Laser Surgical Supply Company, Ck. No. 1730. Jul. 3 Rent Expense Cash Paid the month's rent, Ck. No. 1731. Jul. 5 Cash Accounts Receivable Received on account Jul. 6 Supplies Accounts Payable Bought supplies from McRae Supply Company, Inv. No. 3455. Jul. 7 Laboratory Expense Cash eBook Jul. 8 Prepaid Insurance Cash Bought insurance for one year, Ck. No. 1733. Jul. 12 Accounts Receivable Professional Fees Performed medical services on account. Jul. 15 Cash Professional Fees Performed medical services. Journalize the transactions for July in the general Journal, concluding on page 22 GENERAL JOURNAL PAGE 22 DOC. DATE DESCRIPTION POST. REF. DEBIT CREDIT NO. 20 - Jul 16 Accounts Payable Equipment Returned damaged equipment, Inv. No. 3162, Credit Memo No. 141 Jul, 18 Salary Expense Check My Work All work saved Email Instructor Save and Exit su Jul. 18 Salary Expense Cash Paid part-time nurse's salary, Ck. No. 1734. Jul. 24 Utilities Expense Cash Pald the telephone bill, Ck. No. 1735. Jul. 28 Accounts Receivable Professional Fees Performed medical services on account. Jul. 29 C. Lucern, Drawing Cash Withdrew cash for personal use. Ck. No. 1736. The balances of the accounts as of June 30 have been recorded the general ledger. Notice the word Balance in the Item column, the check 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 ACCOUNT Cash ACCOUNT NO POST BALANCE withdrew cash for personal use, Ok. 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 Cosh. List the accounts in chronological order. If no amount is required, leave the entry box blank. ACCOUNT Cash ACCOUNT NO BALANCE POST REF. DATE ITEM DEBIT CREDIT DEBIT CREDIT 20- June 30 Balance 25,312.00 July 1 21 1 21 3 21 5 21 7 21 B 21 15 18 NNN 24 Post the amounts to the general ledger account for Accounts Receivable. If no amount is required, leave the entry box blank Previous Check My Work All work saved Email Instructor Save and Submit Assignment for Grading