Daniel Bronstein practices medicine under the business title Daniel Bronstein, M$.$D$.$ During July, the medical practice completed the following transactions:

View the transactions.

Read the requirements.

Requirement $1.$ Record each transaction in the journal using the following account titles: Cash; Accounts Receivable; Supplies; Land; Accounts Payable; Advertising Payable; Unearned Revenue;

Notes Payable; Common Stock; Dividends; Service Revenue; Salaries Expense; Rent Expense; Utilities Expense; and Advertising Expense. Explanations are not required. $($Record debits first, then

credits. Exclude explanations from journal entries.$)$

Jul. $1$: Bronstein contributed $$68,000$ cash to the business in exchange for common stock.

Transactions

Record each transaction in the journal using the following account titles:

Cash; Accounts Receivable; Supplies; Land; Accounts Payable;

Advertising Payable; Unearned Revenue; Notes Payable; Common Stock;

Dividends; Service Revenue; Salaries Expense; Rent Expense;

Utilities Expense; and Advertising Expense. Explanations are not required.

T$-$accounts have been opened for each of the accounts. Post the journal

entries to the T$-$accounts, using transaction dates as posting references in

the ledger accounts. Label the balance of each account Balance.

Prepare the unadjusted trial balance of Daniel Bronstein, M$.$D$.,$ as of July

$31,2025.$

Jul. $1$ Bronstein contributed $$68,000$ cash to the business in exchange for common stock.

Jul. $5$ Paid monthly rent on medical equipment, $$560.$

Jul. $9$ Paid $$16,000$ cash to purchase land to be used in operations.

Jul. $10$ Purchased supplies on account, $$1,600.$

Jul. $19$ Borrowed $$23,000$ from the bank for business use.

Jul. $22$ Paid $$1,300$ on account.

Jul. $28$ The business received a bill for advertising online to be paid in August, $$240.$

Jul. $31$ Revenues earned during the month included $$6,500$ cash and $$5,800$ on account.

Jul. $31$ Paid employees' salaries $$2,500,$ office rent $$1,000,$ and utilities $$400.$

Jul. $31$ The business received $$1,140$ cash for medical screening services to be performed next month.

Jul. $31$ Paid cash dividends of $$7,000.$