Transactions int(s) possible - the July 1 July 5 Yengling contributed $69,000 cash to the business in exchange for capital. Paid monthly rent on medical equipment, $530. Ac even July 9 Paid $26,000 cash to purchase land to be used in operations. July 10 July 19 Purchased office supplies on account, $1,400. Borrowed $31,000 from the bank for business use. July 22 Paid $1,000 on account. July 28 July 31 Revenues earned during the month included $6,700 cash and $6,200 on account. The business received a bill for advertising in the daily newspaper to be paid in August, $260. first, th July 31 July 31 July 31 Paid employees' salaries $2,100, office rent $1,400, and utilities $520. Record as a compound entry. The business received $1,180 for medical screening services to be performed next month. Yengling withdrew cash of $7,000. Print Done Cr