ical practice. During her first month of operation, January, the clinic, named Hartley Medical Clinic events.) ents on the accounting equation of Hartley Medical Clinic. Events - X Jan. 6 Hartley invested $280,000 in the clinic by opening a bank account in the name of Hartley Medical Clinic. 9 Hartley Medical Clinic paid cash for land costing $145,000. There are plans to build a clinic on the land. Until then, the business will rent an office. 12 15 15-31 The clinic purchased medical supplies for $9,600 on account. On January 15, Hartley Medical Clinic officially opened for business. During the rest of the month, the clinic earned professional fees of $22,500 and received cash immediately. 15-31 The clinic paid cash expenses: employee salaries, $4,800; office rent, $4,200; utilities, $520. C 28 31 The clinic sold supplies to another clinic at cost for $1,050. The clinic paid $2,800 on the account from January 12. Print Done Analyze the effects of these events on the accounting equation of Hartley Medical Clinic. Analyze the events chronologically, one transaction at a time, beginning with the transaction on January 6th. For each transaction that follows the January 6 transaction, calculate the account after analyzing its effect on the accounting equation. (Complete only the necessary answer boxes for the transaction lines. Do not enter "0" in the transaction lines. E the same date, be sure to enter the set of transactions for each event on a separate line in the order presented in the problem. Carry down all balances to the "Bal." line, balance accounts, entering a "0" for any zero balances. Enter a decrease in an account with a minus sign or parentheses. Abbreviations used: A/P Accounts Payable; Hartley, Capital; Exp. Expense; Liab. Liabilities; Med. Medical; Rev. Revenue; Sal. Salaries; Sup. Supplies.) ASSETS LIAB + EQUITY Service Sal Rent Utilities Cash + Med. Sup. + Land A/P + Capital + Rev. Exp Exp Exp 1/6 " + 1/9 . 145,000 Bal 1/12 Bal 1/15 Bal 1/15 -31 Bal 1/15 -31 Bal 44 1 Utilities Exp. ASSETS LIAB. EQUITY Service. Sal. Rent Cash . Med. Sup. + Land A/P + Capital + Rev. Exp. Exp. + 1/6 + 1/9 145,000= Bal + + = + + 1/12 + Bal * + 1/15 Bal. 1/15 -31 Bal. 1/15 -31 Bal. 1/28 Bal. 1/31 Bal.