Jul. 6

Received a contribution of $52,000 from Satterly and opened a bank account in the name of C. Satterly, MD. The corporation issued common stock to Satterly.

Jul. 9

Paid $44,000 cash for land.

Jul. 12

Purchased medical supplies for $2,400 on account.

Jul. 15

Officially opened for business.

Jul. 20

Paid cash expenses: employees' salaries, $1,800; office rent, $900; utilities, $400.

Jul. 31

Earned service revenue for the month, $7,000, receiving cash.

Jul. 31

Paid $1,700 on account.

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