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ACC 111, ACC 112 and ACC 211 Final Review Emily Valley is a licensed dentist. During the first month of the operation of her business,
ACC 111, ACC 112 and ACC 211 Final Review Emily Valley is a licensed dentist. During the first month of the operation of her business, the following events and transactions occurred. 1. Journalize each transaction. Post entries to T-accounts. Prepare a trial balance. a. b. c. April Invested S20,000 cash in her business. 1 Hired a secretary-receptionist at a salary of $700 per week payable monthly. 2 Paid office rent for the month $1,100. 3 Purchased dental supplies on account from Dazzle Company $4,000. 10 Performed dental services and billed insurance companies $5,100. 11 Received $1,000 cash advance from Leah Smith for an implant. 20 Received $2,100 cash for services performed from Michael Santos. Paid secretary-receptionist for the month $2,800. 30 30 Paid $2,400 to Dazzle for accounts payable due
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