Vince York practices medicine under the business title Vince York, M.D. During July, the medical practice completed the following transactions: (Click the icon to view the transactions.) (Click the icon 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 Evalude avalanations from inurnal entrica | July 1: York contributed $63,000 cash to the business in exchange for common stock. Date Jul. 1 Accounts Accounts More info Debit Credit Jul. 1 York contributed $63,000 cash to the business in exchange for common stock. Jul. 5 Paid monthly rent on medical equipment, $510. Jul. 9 Paid $23,000 cash to purchase land to be used in operations. Jul. 10 Purchased office supplies on account, $1,600. - Jul. 19 Borrowed $22,000 from the bank for business use. Jul. 22 Paid $1,100 on account. Jul. 28 The business received a bill for advertising in the daily newspaper to be paid in August, $240. 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 Jul. 31 Revenues earned during the month included $6,400 cash and $6,000 on account. Jul. 31 Paid employees' salaries $2,200, office rent $1,900, and utilities $560. Record as a compound entry. Jul. 31 The business received $1,120 for medical screening services to be performed next month. Jul. 31 Paid cash dividends of $7,200. Print Done