PLEASE DO ALL PARTS

P2-29A (similar to) Question Help Vick Yardley practices medicine under the business title Vick Yardley, 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. Requirement 1. Journalize each transaction. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries.) July 1: Yardley contributed $70,000 cash to the business in exchange for common stock. Date Accounts Debit Credit Jul. 1 Choose from any list or enter any number in the input fields and then click Check Answer. 23 parts Clear All Check Answer remaining X 1 More Info Accounts 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 Jul. 1 Yardley contributed $70,000 cash to the business in exchange for common stock. 5 Paid monthly rent on medical equipment, $620. 9 Paid $12,000 cash to purchase land to be used in operations. 10 Purchased office supplies on account, $1,200. 19 Borrowed $28.000 from the bank for business use. 22 Paid $600 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 $6,600 cash and $6,400 on account 31 Paid employees' salaries $2,800, office rent $1,200, and utilities $450. Record as a compound entry 31 The business received $1,130 for medical screening services to be performed next month 31 Paid cash dividends of $7,100 Requirements - X 1. Journalize each transaction. Explanations are not required. 2. Post the journal entries to the T-accounts, using transaction dates as posting references in the ledger accounts. Label the balance of each account Bal. 3. Prepare the trial balance of Vick Yardley, M.D. as of July 31, 2018. Print Done Print Done