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April 1 Stockholders invested $40,000 cash in exchange for common stock. 1 Hired a secretary-receptionist at a salary of $600 per week payable monthly.
April 1 Stockholders invested $40,000 cash in exchange for common stock. 1 Hired a secretary-receptionist at a salary of $600 per week payable monthly. 2 Paid office rent for the month $1,700. 3 Purchased dental supplies on account from Jennings Company $5,200. 10 Performed dental services and billed insurance companies $6,600. 11 Received $1,200 cash advance from Bob Carow for an implant. 20 20 30 Received $2,100 cash for dental services performed for Ryan Banks. Paid secretary-receptionist for the month $2,400. 30 Paid $2,200 to Jennings Company for accounts payable due. Alicia uses this chart of accounts: Cash, Accts Recble, Supplies, Accts Payable, Unearned Revenue, Common Stock, Service Revenue, Sal & Wages Expense, and Rent Expense.
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