Kira Sansone opened a medical practice. During July, the first month of operation, the business, titled Kira Sansone, MD, 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 Kira Sansone, MD. 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 "0" for any zero balances. Enter a decrease in an account with a minus sign or parentheses. Abbreviations used: A/P = Accounts Payable; Com. = Common; Contr. = Contributed; Div. = Dividends, Exp. = Expense; Liab. = Liabilities; Med. = Medical; Rev. = Revenue; Sal. = Salaries: Sup. = Supplies.) Assets Liab. + Equity i More Info - X Contr. Capital + Com. - Stock Cash + Land = A/P + Div. Retained Earnings + Service - Sal. - Rent Rev. Exp. Exp. + Med. Sup. - Utilities Exp. 716 COOOOOOOOO Jul. 6 Received a contribution of $48,000 from Sansone and opened a bank account in the name of K. Sansone, MD. The corporation issued common stock to Sansone. 9 Paid $38,000 cash for land. 12 Purchased medical supplies for $1,600 on account. 15 Officially opened for business. 20 Paid cash expenses: employees' salaries, $1,400; office rent, $1,300; utilities, $150. 31 Earned service revenue for the month, $12,000, receiving cash. 31 Paid $1,060 on account. Print Done alance in each account after analyzing its effect on the accounting equation. (Complete only Carry down all balances to the "Bal" line, including zero balance accounts, entering a "0" for adical; Rev. = Revenue; Sal. = Salaries; Sup. = Supplies.) 0 More Info Jul 6 Received a contribution of $48.000 from Sansone and opened a bank account in the name of K Sansone, MD. The corporation issued common stock to Sansone. 9 Paid $38,000 cash for land. 12 Purchased medical supplies for $1.600 on account 15 Officially opened for business 20 Paid cash expenses employees' salaries, $1.400 office rent, $1.300 utilities, $150. 31 Earned service revenue for the month $12,000, receiving cash. 31 Paid 51,060 on account Print Done TUMEWUIN, Ulldpler inomework core: 0 of 1 pt 5 of 8 (4 complete) E1-29 (similar to) Kira Sansone opened a medical practice. During by the first month of operation, the businessed Kira Sansone, MD, experienced the following events Click the loon to view the transactions) Analyze the effects of these events on the accounting equation of the medical practice of a Sansone, MD Analyze the events chronologically one transaction at a time, beginning with the transaction on the 6th. For each transaction that follow the transaction on the 5th at the balance in each account after analyzing its Do not enter any zero for your transaction lines for transactions in the same date, be sure to reach transaction on a rate in intender presented in the problem. Carry down a balances to the "Ballinen ainsignor parentheses Abbreviations et NP = Accounts Payable Com Common Core Cated O n E s t La Med Medical Rev Revenue Sal Sales Sup Asus Equity A More info Canh Mod Land AP Com Oh Retained Emin Serie Sal - Rar Exp Exp Received a contribution of account in the name of K S common stock to Sansone 9 Paid 18 000 cash for land 12 Purchased medical supplies 15 Ocally opened for business 29 Pah penemployed 5000 $150 31 Pau 100 account Enter number in the cold and then clickCheck And 6 ,- Start your search Kira Sansone opened a medical practice. During July, the first month of operation, the business, titled Kira Sansone, MD, 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 Kira Sansone, MD 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 [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 a minus sign or parentheses. Abbreviations used: A/P = Accounts Payable: Com. = Common; Contr. = Contributed, Div. - Dividends: Exp. = Expense; Liab. = Liabilities: Med. = Assets Llab. + Equity i More Info Contr. Cash + Land = A/P + Capital + Com. . Stock Div. + Med. Sup. Retained Earnings + Service - Sal . Rent Rev. Exp. Exp. - Utilities Exp. Jul 6 Received a cor account in the common stock 9 Paid $38,000 12 Purchased me 15 Officially opene 20 Paid cash expe $1,300, utilities 31 Earned service 31 Paid $1,060 on