Sheet Sheet 501 302 Lu Ruit 0 urnalizing transactions, posting journal entries to T-accounts, and preparing...

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Sheet Sheet 501 302 Lu Ruit 0 urnalizing transactions, posting journal entries to T-accounts, and preparing a trial balance earning Objectives 3, 4 ince York practices medicine under the business title Vince York, M.D. During July, the medical practice completed t l. 1 A 9 5 10 19 30 22 28 31 31 21 22 31 31 York contributed $53,000 cash to the business in exchange for capital. Paid monthly rent on medical equipment, $530. Paid $20,000 cash to purchase land to be used in operations. Purchased office supplies on account, $1,600. Borrowed $25,000 from the bank for business use. Paid $1,100 on account. The business received a bill for advertising in the daily newspaper to be paid in August, S2 Revenues earned during the month included $6,400 cash and $6,500 on account. Paid employees' salaries $2,200, office rent $1,900, and utilities $560. Record as a compo The business received $2,120 for medical screening services to be performed next month. York withdrew cash of $4,200. he business uses the following accounts: Cash; Accounts Receivable; Office Supplies; Land; Accounts Payable; Adve equirements Journalize each transaction. Explanations are not required. Post the journal entries to the T-accounts, using transaction dates as posting references in t Prepare the trial balance of Vince York, M.D., as of July 31, 2018. 24 21 OLUTION Table Table Op Title Capt Headers Rows Columns Table For Table Qu Outin Ordines Allert How & Co Height Wat Sheet Sheet 501 302 Lu Ruit 0 urnalizing transactions, posting journal entries to T-accounts, and preparing a trial balance earning Objectives 3, 4 ince York practices medicine under the business title Vince York, M.D. During July, the medical practice completed t l. 1 A 9 5 10 19 30 22 28 31 31 21 22 31 31 York contributed $53,000 cash to the business in exchange for capital. Paid monthly rent on medical equipment, $530. Paid $20,000 cash to purchase land to be used in operations. Purchased office supplies on account, $1,600. Borrowed $25,000 from the bank for business use. Paid $1,100 on account. The business received a bill for advertising in the daily newspaper to be paid in August, S2 Revenues earned during the month included $6,400 cash and $6,500 on account. Paid employees' salaries $2,200, office rent $1,900, and utilities $560. Record as a compo The business received $2,120 for medical screening services to be performed next month. York withdrew cash of $4,200. he business uses the following accounts: Cash; Accounts Receivable; Office Supplies; Land; Accounts Payable; Adve equirements Journalize each transaction. Explanations are not required. Post the journal entries to the T-accounts, using transaction dates as posting references in t Prepare the trial balance of Vince York, M.D., as of July 31, 2018. 24 21 OLUTION Table Table Op Title Capt Headers Rows Columns Table For Table Qu Outin Ordines Allert How & Co Height Wat