On July 31, 2021, Lee Meche, MD, had the following balances in the ledger for his medical practice: Cash $8,700, Accounts Receivable $2,600, Supplies $500, Equipment $15,000, Notes Payable $10,000, Accounts Payable $800, L. Meche, Capital $15,000, L. Meche, Drawings $5,000, Service Revenue $9,000, Rent Expense $1,000, and Salaries Expense $2,000. Transactions during August 2021 follow:

General Journal
Date	Account Titles	Debit	Credit
2021
Aug. 1	Rent Expense	1,000
	Cash		1,000
10	Accounts Payable	400
	Cash		400
12	Cash	2,000
	Accounts Receivable		2,000
25	Salaries Expense	2,000
	Cash		2,000
30	Notes Payable	450
	Interest Expense	30
	Cash		480
31	Cash	5,800
	Accounts Receivable	2,300
	Service Revenue		8,100
31	L. Meche, Drawings	4,500
	Cash		4,500

Create T accounts and enter the July 31 balances. Cash Accounts Receivable Supplies Equipment Notes Payable Accounts Payable L. Meche, Capital L. Meche, Drawings Service Revenue Rent Expense Salaries Expense Post the transactions to the accounts. (Post entries in the order displayed in the problem statement.) Cash July 31 8,700