O More Info 7 of 7 (6 complete) A 693008ir Jul. 1 Yengling contributed $67,000 cash to the business in exchange for capital. 5 Paid monthly rent on medical equipment, $610. 9 Paid $22,000 cash to purchase land to be used in operations. 10 Purchased office supplies on account, $1,500. 19 Borrowed $26,000 from the bank for business use. 22 Paid $1,200 on account. 28 The business received a bill for advertising in the daily newspaper to be paid in August, $300. 31 Revenues earned during the month included $6,400 cash and $5,800 on account. 31 Paid employees' salaries $2,400, office rent $800, and utilities $200. Record as a compound entry. 31 The business received $1,390 for medical screening services to be performed next month. 31 Yengling withdrew cash of $6,400. C D Print Done Clear All X Score: 0 of 20 pts P2-29A (similar to) 7 of 7 (6 complete) HW Score: 42.17%, 29.52 of 70 pts Question Help * Verde Yengling practices medicine under the business title Verde Yengling, M. D. During July, the medical practice completed the following transactions (Click the icon to view the transactions.) The business uses the following accounts: Cash; Accounts Receivable, Office Supplies, Land; Accounts Payable; Advertising Payable; Unearned Revenue; Notes Payable, Yengling, Capital, Yengling, Withdrawals, Service Revenue; Salaries Expense; Rent Expense; Utilities Expense; and Advertising Expense. Read the requirements. Requirement 1. Journalize each transaction. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries.) July 1 Yengling contributed $67,000 cash to the business in exchange for capital. Date Jul 1 Accounts Debit Credit Choose from any list or enter any number in the input fields and then click Check Answer 23 parts remaining Type here to search C Clear All Check Answer EN A 40 18:42 20/12/2020