Question: Journalize each transaction. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries.) July 1: Yang contributed $69,000 cash to the
Journalize each transaction. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries.)
July 1: Yang contributed $69,000 cash to the business in exchange for common stock.
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July 5: Paid monthly rent on medical equipment, $590.
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July 9: Paid $16,000 cash to purchase land to be used in operations.
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July 10: Purchased office supplies on account, $1,300.
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Jul. 10 |
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