Question

on op 7 of 38 4 complete During July, Smith Veterinary Clinio Lid. completed the following transactions (Click the leon to view the transactions.) The clinic uses the following accounts: Cash, Accounts Receivable Supplies, Land, Accounts Payable, Notes Payable, Common trees, Oldende for everu, tware, per, ud over Required 1. Joumalize each transaction of Smith Veterinary Clinic Led Exploration we not required 2. Post to these T-accounts: Cash, Accounts Payable, and Notes Payable 3. After these transactions, how much cash does the business have? How much in total abilities does it wo? Requirement 1. Journalize each transaction of Smith Veterinary Clinic Lad. Explanations we not required. (Record debit first, then credits. Explanations are not required) Start with the transaction on July 1st. Record the transaction for Dr. Smith depositing $22.000 cash and the business wing common shares to her Journal Entry Date Accounts Debit Credit Jul Record the payment of monthly rent on July 5th, $1,900 Journal Entry Accounts Debit Credit Date Choose from any list or enter any number in the input fields and then continue to the next question

Answer 1

Requirement. Journal Entry Dode Accounts Debit Credit $ 22000 Cash July Common shares $22000 Record the payment of monthly rent on July 6th Accounts Debit Credit Date Rent Expene $1900 July 5 cash $1900