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Coronado is a licensed dentist. During the first month of the operation of her business, the following events and transactions occurred. April 1 Invested $24,000
Coronado is a licensed dentist. During the first month of the operation of her business, the following events and transactions occurred.
April 1
Invested $24,000 cash in her business.
Hired a secretary-receptionist at a salary of $700 per week payable monthly.
2
Paid office rent for the month $1.200.
Purchased dental supplies on account from Dazzle Company $4,100.
10
Performed dental services and billed insurance companies $4,700.
11
Received $1,100 cash advance from Leah Mataruka for an implant.
20
Received $2,900 cash for services performed from Michael Santos.
30
Paid secretary-receptionist for the month $2,800.
30
Paid $2.660 to Dazzle for accounts payable due.
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