Verde Yengling practices medicine under the business title Verde Yengling. M. D. During July, the medical practice completed the following transactions: (Click the icon to view the transactions.) (Click the icon to view the company's chart of accou Read the requirements. Requirement 1. Joumalize each transaction. Explanations are novequired. (Record debits first, then credits. Exclude explanations from journal entries.) July 1: Yengling contributed $60,000 cash to the business in exchange for capital. July 5: Paid monthly rent on medical equipment, $580. July 9: Paid $14.000 cash to purchase land to be used in operations. More info The business uses the following accounts: Cash; Accounts Receivable; Office Supplies; Land; Accounts Payable; Advertising Payable; Unearned Revenue; Notes Payable; Yengling, Capital; Yengling, Withdrawals; Service Revenue; Salaries Expense; Rent Expense; Utilities Expense; and Advertising Expense. More info