Vernon Yung practices medicine under the business title (Click the icon to view the company's chart Vernon Yung, M.D. During July, the medical practice completed the following transactions: of accounts.) (Click the icon to view the transactions.) Read the requirements. Requirement 1. Journalize each transaction. Explanations are not required. (Record debits first, then credits. Exclud explanations from journal entries.) July 1: Yung contributed $69,000 cash to the business in exchange for capital. More info