More INTO ons are not req in exchange for Jul. 1 Yang contributed $69,000 cash to the business in exchange for common stock. 5 Paid monthly rent on medical equipment, $570. 9 Paid $15,000 cash to purchase land to be used in operations. 10 Purchased office supplies on account, $1,200. 19 Borrowed $32,000 from the bank for business use. 22 Paid $1,100 on account. 28 The business received a bill for advertising in the daily newspaper to be paid in August $290 31 Revenues earned during the month included $7,100 cash and $5,700 on account. 31 Paid employees' salaries $2,700, office rent $1,200, and utilities $250. Record as a compound entry 31 The business received $1,220 for medical screening services to be performed next month. 31 Paid cash dividends of $7,400. 70. nts Print Done In Antinnn the input fields and then continue to the next question. 22 tv ommon stock i Accounts X The business uses the following accounts: Cash; Accounts Receivable; Office Supplies; Land; Accounts Payable; Advertising Payable; Unearned Revenue; Notes Payable; Common Stock; Dividends; Service Revenue; Salaries Expense; Rent Expense; Utilities Expense; and Advertising Expense. Print Done continue to the next question. Read the requirements. July 1: Yang contributed $69,000 cash to the business in exchange for common stock. Date Accounts Debit Credit Jul. 1 July 5: Paid monthly rent on medical equipment, $570. Date Accounts Debit Credit Jul. 5 July 9: Paid $15,000 cash to purchase land to be used in operations. Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. 22 Read the requirements. July 9: Paid $15,000 cash to purchase land to be used in operations. Date Accounts Debit Credit Jul. 9 Cash 15000 Common Stock 15000 July 10: Purchased office supplies on account, $1,200. Date Accounts Debit Credit Jul. 10 July 19: Borrowed $32,000 from the bank for business use. Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. 22 Read the requirements July 19: Borrowed $32,000 from the bank for business use. Accounts Date Credit Debit Jul. 19 July 22: Paid $1,100 on account. Credit Debit Accounts Date Jul. 22 July 28: The business received a bill for advertising in the daily newspaper to be paid in August, $290. Dahit Arraunts Credit nate Choose from any list or enter any number in the input fields and then continue to the next question. - 22 Read the requirements. July 28: The business received a bill for advertising in the daily newspaper to be paid in August, $290. Date Accounts Debit Credit Jul. 28 July 31 (a): Revenues earned during the month included $7,100 cash and $5,700 on account. Record as a compound entry. Accounts Date Credit Debit Jul 31 (a) July 31 (b): Paid employees' salaries $2,700, office rent $1,200, and utilities $250. Record these entries as a compound entry Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. 22 Read the requirements. July 31 (b): Paid employees' salaries $2,700, office rent $1,200, and utilities $250. Record these entries as a compound entry. Date Accounts Debit Credit Jul 31 (b) July 31 (c): The business received $1,220 for medical screening services to be performed next month. Date Accounts Debit Credit Jul 31 (c) July 31 (d): Paid cash dividends of $7,400. Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. 22 etv s HUUU UU UUM July 31 (d): Paid cash dividends of $7,400. Date Accounts Debit Credit Jul 31 (d) Requirement 2. Post the journal entries to the T-accounts, using transaction dates as posting references in the ledger accounts. Label the ba journal entry tables.) Post all of the journal entries for July. Cash Accounts Payable Service Revenue Advertising Payable Salaries Expense Choose from any list or enter any number in the input fields and then continue to the next question. 22 9 tv s s. Vincent Yang practices medicine under the business title Vincent Yang, M.D. During July, the medical practice completed the following transactions: (Click the icon to view the transactions.) Click the icon to view the accounts used by the business.) Read the requirements. Advertising Payable Salaries Expense Rent Expense Unearned Revenue Accounts Receivable Utilities Expense Notes Payable Office Supplies Land Advertising Expense Common Stock Choose from any list or enter any number in the input fields and then continue to the next question. 22 Read the requirements Land Common Stock Advertising Expense Dividends Requirement 3. Prepare the trial balance of Vincent Yang, M.D. as of July 31, 2018 Vincent Yang, M.D. Trial Balance July 31, 2018 Balance Credit Account Title Debit Choose from any list or enter any number in the input fields and then continue to the next question. 22 Vincent Yang practices medicine under the business title Vincent Yang, M.D. During July, the medical practice completed the following transactions: (Click the icon to view the transactions.) Click the icon to view the accounts used by the business.) Read the requirements Vincent Yang, M.D. Trial Balance July 31, 2018 Balance Debit Credit Account Title Choose from any list or enter any number in the input fields and then continue to the next question tv 22 Vincent Yang practices medicine under the business title Vincent Yang, M.D. During July, the medical practice completed the following transactions: (Click the icon to view the transactions.) (Click the icon to view the accounts used by the business.) Read the requirements Total Choose from any list or enter any number in the input fields and then continue to the next question ctv 22
