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9 of 13 > View Policies Accounting Dodown -/11 Question 4 THOR W Current Attempt in Progress Jennifer Davis, D.D.S. opened a dental practice on
9 of 13 > View Policies Accounting Dodown -/11 Question 4 THOR W Current Attempt in Progress Jennifer Davis, D.D.S. opened a dental practice on January 1, 2022. During the first month of operations, the following transactions occurred. 1. Performed services for patients who had dental plan insurance. At January 31, 5820 of such services was completed but not yet billed to the insurance companies 2 Utility expenses incurred but not paid prior to January 31 totaled $610. 3. Purchased dental equipment on January 1 for $85,000, paying $27,000 in cash and signing a $58,000, 3-year note payable (interest is paid each December 31). The equipment depreciates $425 per month. Interest is $580 per month. 4. Purchased a 1-year malpractice insurance policy on January 1 for $25,920. 5. Purchased $1,600 of dental supplies (recorded as increase to Supplies). On January 31. determined that $300 of supplies were on hand. Question 5 Accounting Droid Question 6 Accounting Dropdow Question 7 Accounting Dropdown Question 8 Accounting Opdown Viewing Question 9 Accuring Dropdown Resta N Not s Prepare the adjusting entries on January 31. Account titles are Accumulated Depreciation-Equipment, Depreciation Expense. Service Revenue, Accounts Receivable, Insurance Expense, Interest Expense, Interest Payable, Prepaid Insurance. Supplies, Supplies Expense, Utilities Expense, and Utilities Payable. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually) Question 10. Accounting Dropdown Question 11 Accuting Dropdown Net Question 9 of 13 < > ./1 1 Expense, Utilities Expense, and Utilities Payable. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually) No. Date Account Titles and Explanation 1 Jan. 31. Debit Credit Question 2 Amounting Dropdown Unshmed Question 3 Acting Dropdown Question 4 Acounting Dropw 2. = Jan. 31 Jan. 31 Jan. 31 (To record monthly depreciation) Question 5 Accourting Dropdown Question 6 Accounting Dropdown Question 7 Accounting Dropdown Question 8 TAIW Me Accounting Dropdow No Viewing Question 9 Accounting Dropdown N Question 10 Accounting Dropdown Jan 31 (To record monthly depreciation] Question 3 Question 4 5 Jan 31 Question 5 -7 Ag Question 6 (To record interest on Notes payable) 4. Jan. 31 Question 7 Not Haved Question 8 /1 arted 5. Jan 31 eTextbook and Media List of Accounts Save for Later Viewing Question 9 T Question 10 -/1 Question 11 -13 Attempts: 0 of 3 used Submit Answer Question 12 MacBook Air
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