+ 101.1 Accounting Princesa 2001 Homework: Ch 1 Assignment Question. EF 120 WW 150 Save COIN Halo Mesolve the Question 3, EF 1-29 (simil... Part 1 o7 HW Score: 20 of 60 points O Points: 0 of 10 month of operation, the business, titled Lucy Summers, MD, experienced the following events. of the medical practice of Lucy Summers, MD More Info eginning lines unts, en al Sal each account after analys ction on a sonate line in ised AP Accounts Paya ap Jul. 6 Summers contributed $45,000 in the business by opening a bank account in the name of L. Summers, MD. The business gavo capital to to Summers Jul. 9 Paid $42,000 cash for land Jul. 12 Purchased medical supplies for $2.400 on account Jul. 15 Officially opened for business Jul. 20 Paid cash expenses employees salaries, $1,600 office rent, $600, utilities, $100 Jul. 31 Earned service revenue for the month $6.000, receiving cash Jul. 31 Paid $1,550 on account Print Done