Salaries Expense; Rent Expense; Utilities Expense; and Advertising Expense. Cash Accounts Receivable, Office Supplies; Land, Accounts Payable; Advertising Payable, Unearned Revenue; Notes Payabl Read the requirements. Requirement 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. We will post to the accounts one transaction at a time. Begin by posting the events from the 1st. July 1: Yengling contributed $67,000 cash to the business in exchange for capital Review the July 1 journal entry that you prepared in Requirement 1. Cash Accounts Payable Advertising Payable Choose from any list or enter any number in the input fields and then click Check Answer. 12 parts remaining Type here to search O Service Revenue Salaries Expense Clear All acer F5 F6 F7 FR FO $10 F11 F12 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