Vincent Yang, M.U. Dunny July, de MC (Click the icon to view the accounts used by the business.) 0 More Info s are not regu exchange for Jul. 1 Yang contributed $69,000 cash to the business in exchange for common stock. 5 Paid monthly rent on medical equipment, $570. 9 Paid $15,000 cash to purchase land to be used in operations. 10 Purchased office supplies on account, $1,200. 19 Borrowed $32,000 from the bank for business use. 22 Paid $1,100 on account. 28 The business received a bill for advertising in the daily newspaper to be paid in August, $290. 31 Revenues earned during the month included $7,100 cash and $5,700 on account. 31 Paid employees' salaries $2,700, office rent $1,200, and utilities $250. Record as a compound entry. 31 The business received $1,220 for medical screening services to be performed next month. 31 Paid cash dividends of $7,400. Print Done Anar tinne fields and then continue to the next question. uired. (Record debits first, then credits. Exclude explanations from journal Us. common stock X i 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 nd then continue to the next question. SEP 22 D tv cent Yang practices medicine under the business title Vincent Yang, 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.) ead the requirements. equirement 1. Journalize each transaction. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries.) uly 1: Yang contributed $69,000 cash to the business in exchange for common stock. Date Accounts Debit Credit Jul. 1 July 5: Paid monthly rent on medical equipment, $570, Date Accounts Debit Credit Jul. 5 O Did that in Anne Choose from any list or enter any number in the input fields and then continue to the next question. 22 . Vincent Yang practices medicine under the business title Vincent Yang, 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 July 9: Paid $15,000 cash to purchase land to be used in operations, Date Accounts Debit Credit Jul. 9 July 10: Purchased office supplies on account, $1,200. Date Accounts Debit Credit Jul. 10 July 19: Borrowed $32,000 from the bank for business use. Anunte Nahit Choose from any list or enter any number in the input fields and then continue to the next question. 22 etv s (Click the icon to view the transactions.) Read the requirements. July 19: Borrowed $32,000 from the bank for business use. Credit Debit Accounts Date Jul. 19 July 22: Paid $1,100 on account Debit Accounts Credit Date Jul. 22 July 28: The business received a bill for advertising in the daily newspaper to be paid in August, $290, Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. Date 22 ctv Read the requirements July 28: The business received a bill for advertising in the daily newspaper to be paid in August, $290. Debit Accounts Credit Date Jul. 28 July 31 (a): Revenues earned during the month included $7,100 cash and $5,700 on account. Record as a compound entry. Credit Debit Accounts Date Jul. 31 (a) July 31 (b): Paid employees' salaries $2,700, office rent $1,200, and utilities $250. Record these entries as a compound entry Debit Accounts Data Credit Choose from any list or enter any number in the input fields and then continue to the next question. 22 . tv Read the requirements. July 28: The business received a bill for advertising in the daily newspaper to be paid in August, $290. Date Accounts Debit Credit Jul. 28 July 31 (a): Revenues earned during the month included $7,100 cash and $5,700 on account. Record as a compound entry. Date Accounts Debit Credit Jul 31 (a) July 31 (b): Paid employees' salaries $2,700, office rent $1,200, and utilities $250. Record these entries as a compound entry. Accounts Date Credit Debit Choose from any list or enter any number in the input fields and then continue to the next question. tv 22 (Click the icon to view the transdUUTIS.) Read the requirements. July 31 (b): Paid employees' salaries $2,700, office rent $1,200, and utilities $250. Record these entries as a compound entry. Debit Accounts Credit Date Jul 31 (b) July 31 (c): The business received $1,220 for medical screening services to be performed next month. Debit Accounts Credit Date Jul 31 (c) July 31 (d): Paid cash dividends of $7,400. Debit Accounts Date Credit Choose from any list or enter any number in the input fields and then continue to the next question. SEP tv 22 ad the requirements 31 (d): Paid cash dividends of $7,400. Date Accounts Debit Credit .31 (d) equirement 2. Post the journal entries to the T-accounts, using transaction dates as posting references in the ledger accounts. Label the balance of urnal entry tables.) ost all of the journal entries for July. Cash Accounts Payable Service Revenue Advertising Payable Salaries Expense Choose from any list or enter any number in the input fields and then continue to the next question. 22 tv Vincent Yang practices medicine under the business title Vincent Yang, 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 Cash Service Revenue Accounts Payable Advertising Payable Salaries Expense Rent Expense Unearned Revenue Accounts Receivable Office Supplies Notes Payable Utilities Expense Choose from any list or enter any number in the input fields and then continue to the next question. 22 atv A Read the requirements Office Supplies Notes Payable Utilities Expense Land Common Stock Advertising Expense Dividends Requirement 3. Prepare the trial balance of Vincent Yang, M.D. as of July 31, 2018. Vincent Yang, M.D. Trial Balance Choose from any list or enter any number in the input fields and then continue to the next question. 22 Dog ODO esc 80 (Huo IUIU | U ILUIT IU VIOW WaLLOUTILS USUU UY UIU UUSINESS.) Read the requirements Requirement 3. Prepare the trial balance of Vincent Yang, M.D. as of July 31, 2018 Vincent Yang, M.D. Trial Balance July 31, 2018 Balance Account Title Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. 22 i Vincent Yang practices medicine under the business title Vincent Yang, 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. Total Choose from any list or enter any number in the input fields and then continue to the next question stv 22