practices medicine under the business title M. D. During July, the medical practice - following transactions: icon to view the transactions.) (Click the icon to view the company accounts.) Read the requirements. More Info Jul, 1 Yardley contributed $70,000 cash to the business in exchange for capital. 5 Paid monthly rent on medical equipment, $540. 9 Paid $14,000 cash to purchase land to be used in operations. 10 Purchased office supplies on account, $1,700. 19 Borrowed $27,000 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, $280. 31 Revenues earned during the month included $6,500 cash and $6,300 on account. 31 Paid employees' salaries $2,500, office rent $900, and utilities $200. Record as a compound entry. 31 The business received $1,340 for medical screening services to be performed next month. 31 Yardley withdrew cash of $6,800. Print Done 7 any list or enter any number in the input fields and then continue to the next questio 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 company's chart of accounts.) Read the requirements. Requirement 1. Joumalize each transaction. Explanations are not required. (Record debits first, then credits. Excl explanations from journal entries.) July 1: Yardley contributed $70,000 cash to the business in exchange for capital. Date Accounts Debit Credit Jul. 1 July 5: Paid monthly rent on medical equipment, $540. Date Accounts Debit Credit Jul. 5 July 9: Paid $14,000 cash to purchase land to be used in operations. Date Accounts Debit Credit Jul. 9 Choose from any list or enter any number in the input fields and then continue to the next question. 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 company's chart of accounts.) Read the requirements. July 10: Purchased office supplies on account, $1,700. Accounts Debit Date Credit Jul. 10 July 19: Borrowed $27,000 from the bank for business use. Date Accounts Debit Credit Jul. 19 July 22: Paid $1,200 on account. Date Accounts Debit Credit Jul. 22 Choose from any list or enter any number in the input fields and then continue to the next question. Yardley practices medicine under the business title Yardley, M.D. During July, the medical practice apleted the following transactions: (Click the icon to view the transactions.) (Click the icon to view the company's chart of accounts.) Read the requirements. 28: The business received a bill for advertising in the daily newspaper to be paid in August, $280. Accounts Debit Credit Date 1.28 aly 31 (a): Revenues earned during the month included $6,500 cash and $6,300 on account. Record as a compound try. Date Accounts Debit Credit Jul 31 (a) Buly 31 (b): Pald employees' salaries $2,500, office rent $900, and utilities $200. Record these entries as a compound entry Accounts Debit Date Credit Jul 31 (b) Choose from any list or enter any number in the input fields and then continue to the next question. Mac 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 company's charto accounts.) Read the requirements. July 31 (c): The business received $1,340 for medical screening services to be performed next month. Date Accounts Debit Credit Jul 31 (c) July 31 (d): Yardley withdrew cash of $6,800. Date Accounts Debit Credit Jul 31 (d) Requirement 2. Post the transactions to the T-accounts, using transaction dates as posting references in the ledg accounts. Label the balance of each account Bal. (identify the July 31 transactions as "a" - 'd" as they are labeled journal entry tables.) Vick Yardley practices medicine under the business title (Click the icon to view the company's chart of Vick Yardley, M. D. During July, the medical practice accounts.) completed the following transactions: Read the requirements (Click the icon to view the transactions.) Post all of the journal entries for July Cash Accounts Payable Service Revenue Advertising Payable Salaries Expense Accounts Receivable Unearned Revenue Rent Expense Office Supplies Notes Payable Utilities Expense Land Yardley, Capital Advertising Expense Choose from any list or enter any number in the input fields and then continue to the next question. MacBook Vick Yardley practices medicine under the business title (Click the icon to view the company's chart of Vick Yardley, M. D. During July, the medical practice accounts.) completed the following transactions: Click the icon to view the transactions.) Read the requirements. Office Supplies Notes Payable Utilities Expense Land Yardley, Capital Advertising Expense Yardley, Withdrawals 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.) Read the requirements. Trial Balance July 31, 2018 Balance Debit Credit Account Title Total
