Samantha Sansone opened a medical practice. During July, the first month of operation, the business, titled Samantha Sansone, M.D., experienced the following events: (Click the icon to view the transactions.) Analyze the effects of these events on the accounting equation of the medical practice of Samantha Sansone, M.D. Analyze the events chronologically, one transaction at a time, beginning with the transaction on the 6th. For each transaction that follows the transaction on the 6th, calculate the balance in each account after analyzing its effect on the accounting equation. (Complete only the necessary answer boxes for your transaction lines. Do not enter any zeros for your transaction lines.] For transactions with the same date, be sure to enter each transaction on a separate line in the order presented in the problem. Carry down all balances to the "Bal" line, including zero balance accounts, entering a "O" for any zero balances. Enter a decrease in an account with a minus sign or parentheses. Abbreviations used: A/P = Accounts Payable; Cap. = Sansone, Capital: Exp. = Expense; Liab. = Liabilities: Med. = Medical: Rev. = Revenue: Sal. = Salaries: Sup. = Supplies: Withdr. = Sansone, Withdrawals.) ASSETS = LIAB Cash + Med + Land AP Cap. EQUITY Withdr. + Service. Sal. Rev. Exp. . + Rent Utilities Exp. More info Sup. Exp 7/6 + = + + . - Jul. 6 Sansone contributed $52,000 in the business by opening a bank account in the name of S. Sansone, MD. The business gave capital to to Sansone. Jul. 9 Paid $48,000 cash for land. Jul. 12 Purchased medical supplies for $1,900 on account. Jul. 15 Officially opened for business. Jul. 20 Paid cash expenses: employees' salaries, $1,000; office ront, $1,100; utilities, $100. Jul 31 Earned service revenue for the month, $7,000, receiving cash Jul 31 Paid $1,450 on account. Print Done