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Paige Steinbeck opened a medical practice. During July, the first month of coperafon, the business, thed Paige Steinbeck, MD, expetienced the following events: (3) (Cick

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Paige Steinbeck opened a medical practice. During July, the first month of coperafon, the business, thed Paige Steinbeck, MD, expetienced the following events: (3) (Cick the iocon to view the transactions) Aralyze the effects of these events on the accounting equation of the medical practice of Page Steinbeck. M.D Analyze the everts chronologicaly, one transaction at a bme, beginning with the transaction on the 6th. For each transaction that follows the transaction on the 6 th, calculate the balance in each transactions with the same date, be sure to enter each transaction on a ssearste ine in the order preserted in the probiem. Carfy down al balances io the "Bal." ine, including zero balance accounts, entering a "O' for any zero belances. Enter a decrease in an account with a minus vgn of parentheses. Abbreviations used. AP = Accounts Payable. Cap. = Steinteck, Caphat, Exp. = More info Jul. 6 Sienbeck contributed $75,000 in the business by opening a bark account in the name of P. Steinbeck, MO. The business gave captal to to Steinbeck. Jul. 9 Pas $42.000 cash for land Jul, 12 Purchased medcal supples for $2,000 on account. Jui. 15 Otfialy opened for buainess Jul, 20 Paid cash expenses employees' salares, $1,400, chice rent, $600, valkes, $200. Jul. 31 Eamed service revenue for the monet, 59,000 , receiving eash. Jul. 31 Paid 51,600 on account

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