Question: Transaction to the t accounts Current Attempt in Progress On July 31, 2024, Lee Williams, MD, had the following balances in the ledger for his

Transaction to the t accounts

Transaction to the t accounts Current Attempt in Progress On July 31,

Current Attempt in Progress On July 31, 2024, Lee Williams, MD, had the following balances in the ledger for his medical practice: Cash $8,720, Accounts Receivable $2,610, Supplies $510, Equipment $15,100, Notes Payable $10,450, Accounts Payable $820, L. Williams, Capital $15,000, L. Williams, Drawings $5,340, Service Revenue $9,420, Rent Expense $1,300, and Salaries Expense $2,110. Transactions during August 2024 follow: General Journal Date Account Titles Debit Credit 2024 Aug. 1 Rent Expense 1,300 Cash 1,300 10 Accounts Payable 420 Cash 420 12 Cash 2,510 Accounts Receivable 2,510 25 Salaries Expense 2,110 Cash 2,110 30 Notes Payable 460 Interest Expense 60 Cash 520 31 Cash 5,890 Accounts Receivable 2,340 Service Revenue 8,230 31 L. Williams, Drawings 4,690 Cash 4,690 (a) Your answer is partially correct

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