Kira Stanley opened a medical practice. During July, the first month of operation, the business, titled Kira Stanley, M.D., experienced the following events: (Click the icon to view the transactions.) Analyze the effects of these events on the accounting equation of the medical practice of Kira Stanley, M.D. July 6 Stanley contributed $52,000 in the business by opening a bank account in the name of K. Stanley, M.D. The business gave capital to Stanley. 9 Paid $42,000 cash for land. 12 Purchased medical supplies for $2,400 on account. 15 Officially opened for business. 20 Paid cash expenses: employees' salaries, $1,300; office rent, $500; utilities, \$200. 31 Earned service revenue for the month, $11,000, receiving cash. 31 Paid $1,850 on account. Kira Stanley opened a medical practice. During July, the first month of operation, the business, titled Analyze the events chronologically, one transaction at a time, beginning with the transaction on the 6 th. For each transaction that follows the transaction on the 6 th, calculate the balance in each account after analyzing its effect on the accounting equation. (Complete only the necessary answer boxes for your transaction lines. [Do not enter any zeros for your transaction lines.] For transactions with the same date, be sure to enter each transaction on a separate line in the order presented in the problem. Carry down all balances to the "Bal." line, including zero 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; Cap. = Stanley, Capital; Exp. = Expense; Liab. = Liabilities; Med. = Medical; Rev. = Revenue; Sal. = Salaries; Sup. = Supplies; Withdr. = Stanley, Withdrawals.)