Journalizing transactions, posting journal entries to T-accounts, and preparing a trial balance Vincent Yarwood practices medicine under the business title Vincent Yarwood, M.D. During July, the medical practice completed the following transmission. Yarwood contributed$ 568.000 cash to the business in exchange for correct stock. Paid monthly rent on medical equipment, $550. Paid $17.000 cash to purchase land to be used in operators. Purchased office supplies on account, $1, 800. Borrowed $24,000 from the bank for business use. Paid $1, 700 on account The business received a bill for advertising in the daily newspaper to be paid in August, S290. Revenues earned during the month included S6,000 cash and S5.500 record as a compound entry. The business received$1.260 for medical screening services to be performed next month. Paid cash dividends of S7, 400, The business uses the following accounts: Cash: Accounts Receivables Office Supplies; Land: Accounts Payable: Advertising Payable; Unearned Revenue Notes Payable; Common Stock; Dividends; Service Revenue; Salaries Expenses Rent Expense: Utilities Expense; Journalize each transaction. Explanations are not required. Post the journal entries to the T using transaction dates as posting references in the ledger accounts. Label the balance of each account Bal. Prepare the trial balance of Vincent Yarwood, M.D., as of July 31, 2017