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Homework: Chapter 2 Lab work 7 of 7 (5 complete) Score: 0 of 1 pt P2-29A (similar to) A (Click the icon to view the

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Homework: Chapter 2 Lab work 7 of 7 (5 complete) Score: 0 of 1 pt P2-29A (similar to) A (Click the icon to view the company's chart of accounts.) Verde Yengling practices medicine under the business title Verde Yenging, MD During July, the medical practice completed the following transactions Click the icon to view the transactions) More info * More Info The business uses the following accounts Cash Accounts Receivable Office Supplies Land, Accounts Payable Advertising Payable. Uneamed Revenue Notes Payable, Yengling Capital: Yengling. Withdrawals Service Revenue Salaries Expense: Rent Expense, Utilties Expense and Advertising Expense Print Done Jul 1 Yongling contributed $67,000 cash to the business in exchange for capital 5 Paid monthly rent on medical equipment, 5560 9 Paid $18,000 cash to purchase land to be used in operations 10 Purchased office supplies on account $2.000 19 Borrowed 525.000 from the bank for business use 22 Paid $1,900 on account 28 The business received a bill for advertising in the daily newspaper to be paid in August $270 31 Revenues canned during the month included 57 100 cash and $5 400 on account 31 Paid employees' salaries $2.000, office rent 5800 and utilities 5500 Record as a compound entry 31 The business received $1.260 for medical screening services to be perfomed next month 31 Yengling withdrew cash of $6.900 Clear All Print Done

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