UUUU. UUIIU pus 1 of 1 (0 complete) P2-29A (similar to) Vito Yarwood practices medicine under the business title Vito Yarwood, M.D. During July, the medical practice completed the following transactions: i (Click the icon to view the transactions.) (Click the loon to view the accounts used by the business.) Read the requirements. Requirement 1. Journalize each transaction. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries.) July 1: Yarwood contributed $65,000 cash to the business in exchange for common stock. Date Accounts Debit Credit Jul. 1 Choose from any list or enter any number in the input fields and then click Check Answer 23 parts 23 remaining More Info ul. 1 Yarwood contributed $65,000 cash to the business in exchange for common stock. 5 Paid monthly rent on medical equipment, $580. 9 Paid $14,000 cash to purchase land to be used in operations. 10 Purchased office supplies on account, $2,000. 19 Borrowed $29,000 from the bank for business use. 22 Paid $1,900 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 $6,600 cash and $5,800 on account. 31 Paid employees' salaries $2,000, office rent $1,100, and utilities $600. Record as a compound entry 31 The business received $1,420 for medical screening services to be performed next month. 31 Paid cash dividends of $7,600. PrintDone n click Check Answer. Clear All me icon to view the accounts used by the business.) quired. (Record debits first, then credits. Exclude explanations from journal entries.) go for common stock Debit Credit 0 Accounts The business uses the following accounts: Cash; Accounts Receivable; Office Supplies; Land; Accounts Payable; Advertising Payable; Unearned Revenue; Notes Payable; Common Stock; Dividends; Service Revenue; Salaries Expense; Rent Expense; Utilities Expense; and Advertising Expense. Print Done and then click Check Answer Clear All