Yang practices medicine under the business title VictorYang,M.D.. During July, the medical practice completed the following 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. (Record debits first, then credits. Exclude explanations from journal entries.)

Jul. 1: Stanley contributed $45,000 cash to the business in exchange for common stock.

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. 2. 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 Bal. 3. Prepare the unadjusted trial balance of Victor Yang, M.D., as of July 31, 2025. 9/6/23, 11:09 PM Transactions Jul. 1 Stanley contributed $45,000 cash to the business in exchange for common stock. Jul. 5 Paid monthly rent on medical equipment, $540. Jul. 9 Paid $15,900 cash to purchase land to be used in operations. Jul. 10 Purchased supplies on account, $1,900. Jul. 19 Borrowed $27,000 from the bank for business use. Jul. 22 Paid $1,500 on account. Jul. 28 The business received a bill for advertising online to be paid in August, $260. Jul. 31 Revenues earned during the month included $6,400 cash and $5,300 on account. Jul. 31 Paid employees' salaries $2,600, office rent $700, and utilities $600. Jul. 31 The business received $1,700 cash for medical screening services to be performed next month. Jul. 31 Paid cash dividends of $4,000