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mily Sattorly opaned a medical practice. During Juty, the frat month of operation,the buiness titicd Emly Sattary, MD, cxpariencod the following avents (Click the icon
mily Sattorly opaned a medical practice. During Juty, the frat month of operation,the buiness titicd Emly Sattary, MD, cxpariencod the following avents (Click the icon to view the transactiona.) Analyza tha aftacts at thasa avents on the accounting equation of the madical practice ot Emily Satarly, MD Uo no entar any zaroa tor our transaction linas or transactions Shana da ba sura o antaoach transaction on a sonra e n n te rder rasanted h the problamar y do n a balances to the Bal I na nclud zm balanca account minus sign or parentheses. Abbreviations uzed: AP -Accounts Payable; Com-Commen; Contr -Contribured, Div.-Dvidend;Exp Expensc,Liab -Labiides Med. -Medcal, Rev -Revenus; Sal. Salaries Sup upplics.) artarn tor an zara balancs Entar a dacraasa n an account a Liab Capital Di ServiceS Rent Uities Mcre Inl Stock Rv Exp Exp. Exp. Jul. 6 Receiveda contribu ion of S45 000 from Satterly and opened bank account in the name ofE Samey, MD. The corporation issued ock toSattarly 9 Paid S42,000 cash for land. 7/12 12 Purchased medical supplis for $1,900 on account 5 Oficialy opened for business. 20 Paid ceeh expenses employees salsries, 1.600, olfice rent al. Bal. 1 Camed servic revenus for the month, $0,000, rocching cash 31 Paid S1,100 on account Frint Dane Bal T/31 Bal
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