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journaliz each item July 1 July 5 July 9 July 10 July 19 July 22 July 28 July 31 July 31 July 31 July 31
journaliz each item
July 1 July 5 July 9 July 10 July 19 July 22 July 28 July 31 July 31 July 31 July 31 Yatwood contributed $68;000 cash to the business in exchange for capital. Paid monthly rent on medical equipment, $530 Paid $27,000 cash to purchase land to be used in operations. Purchased office supplies on account, $1 ,900 Borrowed $30,000 from the bank for business use. Paid Sl , 700 on account. The business received a bill for advertising in the daily newspaper to be paid in August, $210 Revenues earned during the month included $6,100 cash and $5,400 on account Paid employees' salaries $2;600, office rent $2,000r and utilities $610. Record as a compound entry The business received $11140 for medical screening services to be performed next month. Yarwood withdrew cash of $7, 100.
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