Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

CES man Exercse 4 10 Phareah Company, opened an incorporated dental practice on lancary 1, 2022. Duing the st moth of operations the following tranactions

image text in transcribed
CES man Exercse 4 10 Phareah Company, opened an incorporated dental practice on lancary 1, 2022. Duing the st moth of operations the following tranactions ed 1. Peformed services for patients who had dental plan insurance M January 31,, 0 fh vices was completed but nt yet bied to the insurance omnes 2. Uity expenses incurred bt t paid prior to January 31 totaled $500 3. Parchased dental equipment on January 1 for $458, payng s28,200 in cash and gng a $58,450, 3 sote paable rt is paid ac ecember 31) The Purchased a 1year malpractice insurance polcy on 3anuary 1 for s4.000 s. Purchased $2,440 of dental spples (recorded ease to Supples) On January 31, deted that 0 of sp and Prepare the adsting entries on nary 3Ant Aomed on-fe t De tin eService e tp a d anc Spt eples pe ues Expense, and Accounts Pyae (o entry reed select No try o the ac t and ter r the a t are act 7UPat t depat 0pw onth tt e prth 4. ily ind e a d Do t y No. Date Acet andolnaon Debt 1. Jan 31 ySudy 2. Jan 35 3 Jan 3 se (o recerd derecaion ww.as.e CES man Exercse 4 10 Phareah Company, opened an incorporated dental practice on lancary 1, 2022. Duing the st moth of operations the following tranactions ed 1. Peformed services for patients who had dental plan insurance M January 31,, 0 fh vices was completed but nt yet bied to the insurance omnes 2. Uity expenses incurred bt t paid prior to January 31 totaled $500 3. Parchased dental equipment on January 1 for $458, payng s28,200 in cash and gng a $58,450, 3 sote paable rt is paid ac ecember 31) The Purchased a 1year malpractice insurance polcy on 3anuary 1 for s4.000 s. Purchased $2,440 of dental spples (recorded ease to Supples) On January 31, deted that 0 of sp and Prepare the adsting entries on nary 3Ant Aomed on-fe t De tin eService e tp a d anc Spt eples pe ues Expense, and Accounts Pyae (o entry reed select No try o the ac t and ter r the a t are act 7UPat t depat 0pw onth tt e prth 4. ily ind e a d Do t y No. Date Acet andolnaon Debt 1. Jan 31 ySudy 2. Jan 35 3 Jan 3 se (o recerd derecaion ww.as.e

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Information And Cyber Security Governance

Authors: Robert E Davis

1st Edition

1000416089, 9781000416084

More Books

Students also viewed these Accounting questions