L120 Similar to) Anatheesh on the w o n the pace for S MD con Enter any number in the edited and then click Check 4 Type here to search lomework: Lesson 01 Assignments core: 0.46 of 8 pts BE1-29 (similar to) 6 of 7 (7 complete HW Score: 51.09%, 15.33 of 30 Question Help the test month of operation, the bus ed Kara Simpson, MD pred the following events kra Simpson opened a medical practice. During (Click the icon to www the transactions) Analyze the effects of these events on the accounting t on of the medical practice ofera Simpson MD. Analyze the events chronology one transactional aime beginning with the transaction on the For each transaction that follows the a ction on the on e the balance in each account for analys ed on the courgeon (Complete only the necessary answer boxes for your transaction is not enter any for your transactions Fransactions in the same date, be sure to reach transaction on a m e nte de presented in a CT down will balances to the line cudig zero balance accounts, enteng are for any zob s Entra decrease in an account with a s orprentheses Abbreviations A ccounts Pay ap Sepson Cap Expense Ibu Med Medical Revenue, Sale SUD With-Son Who three Rent Uses e con contribued out in the buy MO The ing a bus gavel S 12 Purchased medical su o 500 on account 15 Ocydobuness 20 Papel d e 51.100. ocent 51200 1 Lamed for the month 50000 cicah Am Done Checker Entrany number in the fields and then dick Checkan 4 mg Type here to search 5846684&.centerwinyes E111_28584 Kandy 100% - + Rout Save lomework: Lesson 01 Assignments core: 0.46 of 8 pls E1-29 (similar to) 5 of 77 compte HW Score: 51 , 1533 of 30 pts Question Help Kira Simpson opened a medical practice. During July the first month of operation, the business titled Kira Simpson MD Chok the icon to view the transactions) princed the following events Analyze the effects of these events on the accounting equation of the medical practice of Kira Simpson, MD. Analyze the events chronologically one transaction time, beginning with the transaction on the oth for each action that follows the transaction on the 6th calculate the balance in each accou n t offect on the accounting equation Complete only the necessary a rbores for your transaction lines De noenter any rers for your transactions Fransactions with the same daber e cht in ons line in the order presented in the problem Carry down al balances to the Baline, including balance consentoring a fornyer balances Enter a decrease in an account m o parente Abbreviations used NP Accounts Payable, CA Sampson Capital Exp-Expense Lab Med Medical Rev Revenue Sal Sales Sup Supplies with news) LIAB + and AP + Cap With Service - Sal Real Enter any number Type here to search cal practice. During July, the first month of operation, the business, titled Kira Simpson, MD, experienced the following events. transactions.) events on the accounting equation More Info gically, one transaction at a time, bg omplete only the necessary answer the problem. Carry down all balang ccounts Payable: Cap. = Simpson July 6 Simpson contributed $55.000 in the business by opening a bank account in the name of K Simpson, MD. The business gave capital to Simpson TS - LIAB. 9 Paid $35,000 cash for land d + Land A/P 12 Purchased medical supplies for $1.500 on account 15 Officially opened for business 20 Paid cash expenses employees' salaries. $1,100: office rent 51200, utilities $450. 35 000 31 Earned service revenue for the month $9.000, receiving cash 31 Paid $650 on account 0 + 35,000 = Wate the balance the same date be ase in an account plies: Withdr Sim Print Done edit fields and then click Check Answer Clear All to search
