Kira Steinbeck cpened a medical practice. During July, the first month of operation, the business, litled Kira Steinbeck, M.D. expenenced the following events. (i) (Click the icon lo view the transactions.) Analyze the eflects of these events on the accounting equation of the modical practice of Kira Steinbeck, M.D Analyze the everts chronologicaly, one transaction at a time, beginning with the transaction on the 6th. For each transaction that follows the transaction on the 6 th, calculase the balance in bach account after analyang its effect on the accourting equation. (Complete only the necessary answer boxes for your fransaction lines. [Do not enser any zeros for your iransaction ines.] For More info Jul. 6 Steinbeck contributed $55,000 in the business by opening a bark account in the name of K. Steinbeck, MD. The business gave captal to to steinbeck. Jul. 9 Pad $40,000 cash for land. Jul. 12 Purchased medcat supples for $2,600 on account Jut. 15 Officlaly ocened tor business Jul. 20 Paid cast expenses: employees' solatios, 51,400, office rent, 5900; utbtes, 5250. Jul. 31 Eamod service revorue for the month 514,000 , receing cash Jut, 31 Pais $2,200 on account